Postal Service Reports $2 Billion Quarterly Loss as Cash Crunch Mounts

[1srelluc]

https://www.newsmax.com/politics/usps/2026/05/08/id/1255704/

And they keep entering into last mile delivery contracts that don't make any money and provides profit for UPS, FedEx and Amazon.

Any "business" run by Congress is going to be dysfunctional, but it's called a "Service" so.......Let's just admit it can't make a profit, was never designed to, and leave it at that.

The problem is that the postal service clause is in the constitution and later supreme court cases validated a US Government postal monopoly.

LOL....Ever notice that when you want to post a USPS thread you never really quite know where to put it?

 

[airplanemechanic]

And I read an article in the last day or so that the USPS is so excited to ONLY have lost a couple of billion.

https://thehill.com/business/5870695-usps-2-billion-loss/

 

[1srelluc]

And I read an article in the last day or so that the USPS is so excited to ONLY have lost a couple of billion.

https://thehill.com/business/5870695-usps-2-billion-loss/

Only .gov lemmings would report the loss of 2B as "good news".

 

[airplanemechanic]

Only .gov lemmings would report the loss of 2B as "good news".

Well according to my article, the USPS has operated at a loss every year since 2007.

 

[1srelluc]

Well according to my article, the USPS has operated at a loss every year since 2007.

I believe it had something to do with pension contributions.