Shyp is the latest start-up aiming to upend an existing, and hugely profitable, business, in this case the $300 billion shipping industry.
The financially strapped USPS paid two years' worth of leasing costs for truck it now cannot locate, and never actually could, The Fiscal Times said.
Canada Post will begin to phase out door-to-door mail delivery and convert service to community mailboxes, the Toronto Star reported Wednesday.
The US Postal Service said its 2013 fiscal-year loss was cut to $5 billion from $16 billion in 2012 due to growth in shipping and packages.
It's one of the things you must do when you relocate—change your mailing address with the postal service—and private companies are charging up to $24 for what the USPS charges $1.
The postmaster general has renewed his plea for lawmakers to allow the Postal Service to switch to a five-day delivery schedule and to implement other overhauls.
The US Postal Service has suffered a setback in its plan to end Saturday delivery of first-class mail, as Congress advanced a bill requiring six-day delivery.
People still want their Saturday mail -- perhaps because they feel like they've lost another vital service during tough economic times.
If lawmakers don't act, the US Postal Service could run out of money "between six months and a year" and there could be a period of time when mail isn't delivered, policy and economics experts said.
The head of the financially struggling U.S. Postal Service says the agency must be allowed to ease the terms of prepayments into a retiree health care fund and eliminate general mail delivery on Saturday.