Postal Service Reports $5.1 Billion Loss for 2011

The U.S. Postal Service closed the 2011 fiscal year, which ended in September, with a $5.1 billion net loss. This loss would have been over $10 billion except for legislation that put off the mandated payment that the service must soon make into the retiree health benefits fund to cover current workers. The mail volume […]

Small Businesses to Benefit from New Postal Rules

The U.S. Postal Service has announced that it will be changing the rules that govern the use of simplified addressing so that small businesses can use the service on urban delivery routes. That is projected to help small businesses grow, especially those who currently don’t market by mail because it is too expensive. It will […]

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