U.S. House panel to take up Postal Service reform measures

By David Shepardson – May 10, 2021 The U.S. House of Representatives Oversight and Reform Committee on Thursday will consider a pair of bills to reform the cash-strapped U.S. Postal Service, a document seen by Reuters shows. Representative Carolyn Maloney, the Democrat who chairs the panel, circulated draft legislation earlier this year to address some…

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Is e-commerce the key to saving the U.S. Postal Service?

Did you know that revenues for the U.S. Postal Service actually increased last year? Despite the rapid decline of the personal letter, revenues rose modestly to $67.32 billion last year. Of course, the Postal Service still recorded a big annual loss — almost $5 billion — but it also faces a uniquely costly burden. Congress…

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