US Senate calls on House to get back to postal reform
A group of US Senators pushing for postal reforms today urged their colleagues in the US House of Representatives to get back to debating their own version of a USPS rescue bill.
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USPS should stick to postal products, says Congressional advisory
The US Postal Service should not be allowed to expand into non-postal products and services to raise revenue – because its track record in non-postal areas is not good enough.
Read MoreUSPS 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).
Read MoreUS 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 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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