All Posts Tagged Tag: ‘united states postal service’

Kentucky Mailman Jailed for Stashing 45K Letters

Former Western Kentucky postal worker William “Brent” Morse has been sentenced to 6 months in a federal prison for hiding almost 45,000 pieces of mail he didn’t feel like delivering. According to David J. Hale, the U.S. attorney for the Western District of Kentucky, Morse is guilty of “destroying, hiding and delaying the delivery of at least 44,900 pieces of …

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USPS Stamps: 2014 Line-Up Emphasizes Pop-Culture

Each time the Earth makes one revolution around the Sun, the denizens of the planet get excited for all of the new possibilities, opportunities, innovations, and creations that inevitably result with the coming of a new year – things such as new movies, TV shows, sports seasons, and music festivals. However, for those who consider themselves philatelists, or stamp collectors, …

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United States Postal Service Losing $25M a Day

It’s no secret that the United States Postal Service (USPS) has been struggling for years. The company has seen its revenues fall in the face of email and the new internet economy. In February, the USPS announced that it would be dropping Saturday mail delivery to try and cut its losses. However, congress just this month passed a resolution barring …

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USPS Clothing Line to be Sold Next Year

The U.S. Postal Service (USPS) has announced a new partnership with Cleveland apparel manufacturer Wahconah Group. The companies will create the “Rain Heat & Snow” line of apparel and “accessory products.” The clothes will be designed around the unofficial USPS creed, “Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their …

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USPS Loses $1.3 Billion, Plans to Cut Saturday Mail Delivery

The U.S. Postal Service (USPS) today announced its first quarter financial results and things are not looking good. In the first three months of the 2013 fiscal year USPS had a net loss of $1.3 billion. The first quarter includes holiday season shipping and mail, which generally makes it USPS’ most lucrative quarter. The company cited shipping and package revenue …

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Postal Service Announces $5.2 Billion Loss, Begs Congress For Help

The United States Postal Service announced today that it lost $5.2 billion during the third quarter of 2012. This net loss is over $2 billion more than the $3.1 billion loss the Postal Service recorded for the third quarter of 2011. So far, the Postal Service has lost $11.6 billion during the fiscal year 2012. The Postal Service stated that …

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