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.
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The week that was: 5 February 2011
Obama to aid USPS, bpost launches new strategy, and TNT in profit warning…
Read MorePost office closures are top public concern about USPS
While Congress considers legislation that might be introduced this year to address financial problems in the US Postal Service, the top concern among the general public at the moment is the potential closure of their post offices.
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.
Read MoreUSPS launches flat-rate options for legal documents
The US Postal Service has launched a new line-up of products tailored for lawyers, finance, real estate and other professionals to mail legal-sized documents.
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