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USPS Faces $9 Billion Loss, Risks Cash Shortage by 2026

3/21/2026

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Summary

Story summary

The United States Postal Service could run out of cash by October 2026, says Postmaster General David Steiner.
The USPS reported a $9 billion loss in the last fiscal year.
Steiner urged Congress to let the USPS borrow more money and consider postage hikes.
Amazon may reduce its package volume with USPS after stalled contract negotiations.
Rising shipping costs begin in January 2026, further straining the USPS's outlook.

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Story summary

The United States Postal Service could run out of cash by October 2026, says Postmaster General David Steiner.
The USPS reported a $9 billion loss in the last fiscal year.
Steiner urged Congress to let the USPS borrow more money and consider postage hikes.
Amazon may reduce its package volume with USPS after stalled contract negotiations.
Rising shipping costs begin in January 2026, further straining the USPS's outlook.