U.S. Postal Service facing $2B deficit
The U.S. Postal Service is facing a multibillion dollar deficit this year, its management said, and is saddled with outmoded rules that leave it unable to compete with private delivery companies.
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The U.S. Postal Service is facing a multibillion dollar deficit this year, its management said, and is saddled with outmoded rules that leave it unable to compete with private delivery companies.
Read MoreA new service to provide individuals with identity validation for the purpose of
obtaining electronic signature digital certificates will begin a
nationwide rollout in two weeks, the U.S. Postal Service announced
here Wednesday.
Rate increases being considered by the U.S. Postal Service could put many
small periodicals out of business, according to a trade association for the
magazine industry
The Postal Service’s board of governors, facing a $2
billion operating loss for fiscal year 2001, asked the White House for help
in overhauling the country’s postal laws in an effort to head off losses.
FedEx, the USA-based express delivery organisation, has started implementing its recently-announced agreement with the US Postal Service (USPS) covering the installation of self-service drop boxes in post offices
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