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.

 

[Muhammed]

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

View attachment 1254880


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?

I kinda like knowing that if someone ***** with my mail it's a federal offense.

 

[Manonthestreet]

Diversity is not their strength.....plus the union is problem .

 

[ozro]

Relax. 2 billion is the new 'broke even '.

 

[1srelluc]

I kinda like knowing that if someone ***** with my mail it's a federal offense.

Ha! A guy lost an Class III transferrable UZI through the USPS, fully insured for 25K, and they USPS rejected his claim even though a USPS employee stole it, it was used in a crime, and now it's in a evidence locker someplace.

 

[1srelluc]

Now they have Move On.org shilling for them.

Thousands rally to support USPS as agency running out of cash​

MSN

The petition was launched by the progressive advocacy groups MoveOn and Rural Organizing. It notes that the USPS serves millions of addresses across the U.S., including less accessible, rural communities that private carriers either avoid or charge extra for deliveries.