1 of 1
Story summary
- The United States Postal Service (USPS) reported a $9 billion loss for fiscal year 2025, down from $9.5 billion.
- David Steiner, USPS's new Postmaster General, called reforms necessary.
- USPS seeks legislative changes, including pension funding reforms and debt-ceiling moves.
- The agency proposed price increases for Priority Mail and Parcel Select while preserving first-class rates.
- Operating revenue rose 1.2% to $80.5 billion, while mail volumes declined, prompting urgent action.
