US senators demand one-year ban on mail plant closures
Half of the US Senate has signed a letter calling on Congress to block efforts by the US Postal Service to continue downsizing its mail processing network.
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U.S. Postal Service reports 2.0 percent revenue increase, $2.0 billion loss in quarter 3
The U.S. Postal Service ended the June 30, 2014, quarter with a net loss of $2.0 billion, compared to a net loss of $740 million for the same period last year. The Postal Service has recorded a loss in 21 of the last 23 quarters, the excepted quarters being the two in which Congress rescheduled the Retiree Health Benefits prefunding payments.
Read MoreGlobal parcel industry in “space race” to price parcels by volume
The rise of the lightweight e-commerce parcel is fueling a global “space race” within the parcel industry, according to US-based technology firm Postea.
Read MoreUSPS needs to invest in fleet replacement, says Inspector General
An audit of the US Postal Service delivery fleet has found that current vehicles can only sustain services until 2017 but that replacement plans have not yet been fully funded or approved.
Read MoreUSPS could make $485m a year from 3D printing industry, says report
The emergence of 3D printing technology could be a $485m-a-year opportunity for the US Postal Service.
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