John Gallagher
Friday, May 8, 2020
US Postal Service loses $4.5 billion in latest quarter
“Substantial” federal funding needed to maintain service, board chairman warns.
U.S. Postal Service
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John Gallagher
Thursday, May 7, 2020
Former XPO executive tapped to head US Postal Service
Selection from private sector feeds speculation of potential privatization of federal agency.
Mark Solomon
Monday, March 11, 2019
FedEx doesn’t consider Amazon a competitor? SEC filings beg to differ
Amazon one of the companies covered under departing FedEx executives’ non-compete clauses.
FreightWaves Staff
Monday, February 11, 2019
Franchising your mailbox might put the USPS out of business
The U.S. Postal Service has been turning in losses every year, and a White House task force has asked the USPS to look at franchising the mailbox to prop up the declining margins.
John Kingston
Tuesday, November 20, 2018
Today’s Pickup: Light at the end of the USPS tunnel; truckload stocks buck the Wall St. slide
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
FreightWaves Staff
Friday, May 11, 2018
USPS’s “flawed business model” persists even with growth in packages
It will literally take an act of Congress to right the sinking USPS ship. Even heavy attrition and solid growth in packages and shipping can’t stop the losses.