WASHINGTON — 5/8/26 – Below are the prepared remarks of Postmaster General and CEO David Steiner, delivered during the U.S. Postal Service Board of Governors open session on May 8, 2026. Good afternoon. Thank you, as always, to Chairwoman McReynolds for her insights and relentless championship of issues important to the Postal Service. And thank […]
Controllable loss decreased $206 million compared to same quarter last year Net loss decreased $1.3 billion compared to same quarter last year Operating revenue was $20.2 billion, a 2.3 percent increase compared to same quarter last year WASHINGTON – 5/8/26 – The U.S. Postal Service today announced its financial results for the second quarter of […]
PHOENIX — 5/5/26 – In a keynote address yesterday at the National Postal Forum, Postmaster General and CEO David Steiner and key executives addressed thousands of mailing and shipping professionals. They updated attendees on the U.S. Postal Service’s improving service performance, continued network modernization, innovation across products and digital capabilities, and strategy to drive growth […]
WASHINGTON — 4/23/26 – The U.S. Postal Service Board of Governors will meet Friday, May 8, in an open session at Postal Service headquarters, 475 L’Enfant Plaza SW, in Washington, DC. The public is welcome to attend the meeting, which begins at 3 p.m. ET in the Benjamin Franklin Room. The board’s expected agenda is: […]
Washington, DC – 4/9/26 – The Postal Regulatory Commission today issued Order No. 9504, which grants the Postal Service a multi-year waiver to address its deteriorating financial condition. To use the waiver, the Postal Service simply must provide advance notice to the Secretary of the Treasury and the Commission. The financial impact of the waiver in […]
The Postal Service has informed the Office of Personnel Management (OPM) of its intention to temporarily suspend its employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS) to conserve cash and preserve liquidity due to its ongoing, severe financial crisis. “There will not be any immediate detrimental impact to our […]
Washington, DC – 3/27/26 – Today, the Postal Regulatory Commission (Commission) released its Fiscal Year 2025 Annual Compliance Determination (ACD), a comprehensive evaluation of whether the Postal Service complied with price caps for Market Dominant products, cost attribution requirements, and service performance standards. By law, the Commission must issue its Determination within 90 days of receiving […]
3/25/26 – The Postal Service has filed notice with the Postal Regulatory Commission, or PRC, of a time-limited price change on certain products to better align its transportation costs with the market. The planned change, which was approved by the Board of Governors on March 24, is an 8 percent increase that would affect base […]
WASHINGTON — 3/25/26 – The U.S. Postal Service filed notice today with the Postal Regulatory Commission (PRC) regarding a time-limited price change to better align its costs of transportation with the market. This temporary price adjustment will provide needed flexibility for the Postal Service by helping to ensure that the actual costs of doing business […]
Fast Facts 3/17/26 – We testified on U.S. Postal Service’s financial condition and service performance before the House Committee on Oversight and Government Reform, Subcommittee on Government Operations. It is based primarily on these reports: High-Risk Series: Heightened Attention Could Save Billions More and Improve Government Efficiency and Effectiveness U.S. Postal Service: Action Needed to […]