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The 2020 United States Postal Service crisis was a series of events that caused backlogs and delays in the delivery of mail by the United States Postal Service (USPS). The crisis stems primarily from changes implemented by Postmaster General Louis DeJoy shortly after taking office in June 2020.
The Postal Reorganization Act of 1970 was a law passed by the United States Congress that abolished the then U.S. Post Office Department, which was a part of the Cabinet, and created the U.S. Postal Service, a corporation-like independent agency authorized by the U.S. government as an official service for the delivery of mail in the United States.
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee benefits as stipulated in PAEA. [14]
The USPS said it lost $9.5 billion in the fiscal year ended September 30, compared with a loss of $6.5 billion a year earlier. The postal service blamed the wider loss on billions spent on noncash ...
USPS had a contract with FedEx for domestic air transportation services, but it expired on Sept. 29, 2024. The government agency later chose UPS for its new air cargo contract.
USPS now provides about 4% of Express' annual revenue, according to a Reuters calculation. FedEx has vowed to walk away from its 22-year relationship with the postal service if financial terms do ...
This was a mass action where rank and file leaders emerged like Manhattan letter carrier Vincent Sombrotto, who would go on to be elected first branch and then national president of the NALC. [ 1 ] More than 210,000 United States Post Office Department workers were eventually involved across the nation, although initially the strike affected ...