USPS warns of default on government payments as losses increase
USPS could be forced to default on its financial obligations to the government, it warned while posting a net loss of $329m for the first quarter of this financial year.
Read MoreTag: USA
DHL invests $22.5m on US hub upgrade
DHL will invest more than $22.5m to expand its facility at Cincinnati/Northern Kentucky airport in the US.
Read MoreRace for America's digital postal mail market heating up
The development of a paperless postal system in the United States has taken a step forward today with technology developer Zumbox signing up a major mailing partner.
Read Moree-Bills Will Surpass Paper Bills By 2016
NACHA, the Electronic Payments Association, has released an eBilling Benchmarking Study examining potential growth of electronic payment systems. Their study showed that 26.6% of all bills are now sent electronically with the...
Read MoreObama Budget to address "major financial concerns" of USPS
President Obama is set to present a special Valentine’s Day gift to the US Postal Service this year, in the form of assistance in his latest Budget.
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