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Tagged: Post Office

8:40am

Fri September 28, 2012
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Federal budget woes

The Post Office will miss another multi-billion dollar payment

Originally published on Fri September 28, 2012 6:50 am

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Credit Robert Ray / AP

This Sunday, the U.S. Postal Service won't be able to pay its latest $5.6 billion dollar obligation. This will be its second default; on Aug. 1 it failed to come up with a $5.5 billion dollar payment. The Service is warning of expected losses this year unless something is done:

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budget woes
Post Office
Related Content: 
Seattle $1.1 billion short of funding pensions

11:02am

Thu April 12, 2012
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Business

U.S. letter carriers rally to 'save America's postal service'

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Credit Curtis Gregory Perry Photo / Flickr

U.S. postage rates went up again at the start of this year. But the service is still in financial crisis.

And letter carriers say the latest legislative fix about to come before the U.S. Senate could devastate the mail service as we know it.

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Post Office
mail carriers
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Seattle
Editor Pick
Related Content: 
Secretaries Of State Oppose Cuts To Saturday Mail Delivery

4:30am

Thu September 22, 2011
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Record Bin Roulette

Going postal ... with music

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Credit Rob Weir / Flickr

We’re going postal on you this week. Songs about letters and mail abound, and no wonder, with over 570,000 workers, the US Postal Service is the second largest employer in the US, behind Wal-Mart.

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Record bin Roulette
Post Office