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Postal News Roundup

Expect More Shipping Delays from USPS Next Year

Now we know the entire Postal system nationwide is about to slow down for nearly everyone who uses the US Mail because of a new service standard being put in place January 5. "When they do that, the delays that are in place will become permanent and it's up to the people to determine whether they want that or not," said Gary Glazebrook who is the local President of the American Postal Workers Union. Glazebrook says the Post Office is restructuring and closing distribution centers.

Would You Invest in the U.S. Postal Service?

That may seem an absurd question, given that the USPS posted a third-quarter loss of $1.96 billion.Yet the notion that the USPS could be a commercially viable, even an attractive business, isn't as crazy as it might seem.