USPS Will Be Broke by 2024 Without Reform: Postmaster General

| Mike O'Brien

Postmaster General Megan Brennan told the House Oversight and Reform Committee that the USPS will run out of cash by 2024 if reforms are not enacted. Brennan also proposed saving billions by cutting back mail delivery to five days a week and increasing package delivery to seven days, which it already does for Amazon.

USPS Rate Hikes Send Shippers Scrambling for Savings

| Mike O'Brien

With the new U.S. Postal Service rates in effect, shippers are looking for creative ways to keep their parcel spend down as costs among the major carriers continue to rise. Find out what the increases mean and hear what some industry experts have to say about the impacts.

Congress Should Address USPS Fixes Now, Advocate Says

| Mike O'Brien

The upcoming lame duck session of Congress after the elections is the perfect time for lawmakers to consider legislation that would address the choking debt faced by the U.S. Postal Service caused by prefunding of retiree health benefits, said the head of a USPS advocacy group.

Trump Moves to Pull U.S. from Universal Postal Union

| Mike O'Brien

The Trump administration has announced plans to withdraw the United States from the Universal Postal Union by January 2020. The move is an effort to counteract below-market parcel shipping rates that China has enjoyed for years to the competitive disadvantage of U.S. merchants.

Senate Hearing on USPS Task Force Report Postponed

| Mike O'Brien

A Senate hearing on a task force report recommending U.S. Postal Service reforms, scheduled for Sept. 5, has been postponed as President Donald Trump is delaying release of the report. No new date has been set, indefinitely postponing any legislative action, including possible raising of postal rates or even privatization.

President Trump Takes Aim at USPS, Amazon in Tweet

| Mike O'Brien

President Trump has taken a break from favorite targets like Little Rocket Man to turn his Twitter fire and ire on the U.S. Postal Service, blasting the agency for not charging enough on parcel delivery, in particular singling out major client Amazon, as the USPS continues to hemorrhage cash.