U.S. Postal Service on ‘death spiral’ without urgent reform: chief

By David Shepardson, Reuters Posted on
2021-02-24T182135Z_2_LYNXMPEH1N19P_RTROPTP_4_USA-POSTAL-SERVICE-CONGRESS-1024×681-1

U.S. Postmaster General Louis DeJoy told lawmakers that U.S. mail system is losing $10 billion a year and urgently needs reform and legislative relief from Congress.

“I would suggest that we are on a death spiral,” DeJoy told the U.S. House Oversight and Government Reform committee at a hearing Wednesday, who did not rule out changing first-class deliver standards or other significant changes.

See the full article at amNewYork

U.S. Postal Service on ‘death spiral’ without urgent reform: chief

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