USPS to default on $5.5bn bill, as audit confirms lack of cash
The US Postal Service confirmed today that barring last minute action by Congress, it will default on a $5.5bn payment to the federal government due on Wednesday (1 August).
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US lawmakers offer no clear signals over USPS rescue plan
US House Republicans insisted last night they are continuing to work on postal reform proposals, but did not given any assurances that the postal bill would be debated next week, ahead of the summer recess.
Read MoreAmazon says same-day delivery not feasible on broad scale
Ecommerce giant Amazon spoke yesterday of its efforts to get closer to its customers, to cut shipping costs and reduce delivery times.
Read MorePitney Bowes signs another partner to bolster Volly volumes
Pitney Bowes has signed up another partner to bring more mail volumes over to its digital mail service in the United States, Volly.
Read MoreBank promotes alternative delivery in light of USPS cutbacks
Businesses in the US are being encouraged to use a bank-provided alternative last mile service to speed up customer payment processes in the light of changes to the US mail network.
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