USPS Loses $1.7 Billion in Q3 2023
The Postal Service reported a $1.7 billion net loss on total revenue of $18.6 billion in the third quarter of FY 2023.
The Postal Service reported a $1.7 billion net loss on total revenue of $18.6 billion in the third quarter of FY 2023.
Over 70,000 federal employees and 118,000 Postal employees will be eligible for FEDVIP coverage under a new rule issued by OPM.
The Postal Service has released its annual list of the worst cities and states for dog attacks on USPS employees in 2022.
USPS reported another staggering net loss for the second quarter of fiscal year 2023.
Additional Information about the upcoming Postal Service Health Benefits (PSHB) program has been released.
OPM has issued a rule to formalize establishment of the new Postal Service Health Benefits program.
Anyone who buys goods online will want to pay attention to a proposed rule change from the Postal Service targeting counterfeit postage.
The financial impact of the Postal Service Reform Act skewed the 2022 USPS financial results. Inflation also continues to weigh heavily on the agency.
Despite aid from the Postal Service Reform Act, USPS 2022 third quarter financial performance was strained due to rising 2022 inflation.