
USPS Faces $2.5B Loss, Urges Congress to Fast-Track Reforms
The U.S. Postal Service posted a $2.5 billion net loss for its fiscal third quarter and is pressing Congress for relief and reforms, including possible ZIP-code expansions, service adjustments, and a January stamp-price increase, as it faces costly six-day delivery and thousands of unprofitable post offices; the agency has borrowed from its employees’ retirement fund and hired restructuring advisers while warning that without action it may scale back service amid decades of losses tied to the shift away from first-class mail.








