News
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Sourcing Journal on MSNUSPS Posts $3.1B Loss Ahead of New Chief's Tenure as Stamp Hikes, Delivery Delays Draw FirePostmaster General David Steiner is backing Louis DeJoy's Delivering for America turnaround plan, while critics urge a rollback of rate increases and package-focused strategy.
USPS posted a $6.5 billion loss in 2023 while raising stamp prices from 55 to 78 cents since 2020, even as first-class mail volume drops over 50% since 2001.
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