The US Postal Service may have hit its $15bn borrowing limit in the last month, but it now has a federal pension fund over-funded by as much as $24bn, according to a new report from the USPS Inspector General.
Read MoreThe US Postal Service has reached its legal borrowing limits, it has confirmed to US media, and now has no safety net to draw on until festive mail volumes start coming in.
Read MoreMore news from around the postal world, including Russian Post talks with USPS, P&T Luxembourg’s data investment, and Itella joins a diversity network…
Read MoreThe US Postal Service is planning to try its hand at same-day package delivery within certain metropolitan areas of the United States.
Read MorePitney Bowes is promising better access to postage discounts for mailers in the United States, with a new software platform.
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