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Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee benefits as stipulated in PAEA.
Priority Mail Express is an accelerated domestic mail delivery service operated by the United States Postal Service. It provides overnight delivery to most locations within the continental United States and guaranteed delivery within 2 days. Unlike most other USPS delivery options which provide only delivery confirmation, Priority Mail Express ...
U.S. Special Delivery was a postal service paid for with additional postage for urgent letters and postal packets which are delivered in less time than by standard or first class mail service. Its meaning is different and separate from express mail delivery service. Essentially it meant that a postal packet was delivered from a post office to ...
During the summer of 2010, the USPS requested the Postal Regulatory Commission to raise the price of a first-class stamp by 2 cents, from 44 cents to 46 cents, to take effect January 2, 2011. On September 30, 2010, the PRC formally denied the request, but the USPS filed an appeal with the Federal Court of Appeals in Washington DC.
The cost of sending a first-class one-ounce metered letter, for example, will rise to 63 cents and domestic postcards will jump to 51 cents. International postcards and one-ounce letters are both ...
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