US Postal Service Reports Q3 Losses Despite Revenue Growth

US Postal Service Reports Q3 Losses Despite Revenue Growth

The USPS reported a slight revenue increase but a larger net loss in its third-quarter earnings. Declining mail volume and high operating costs are the primary drivers. To address these challenges, the USPS needs to expand into new business areas, improve its technology, and strengthen partnerships. The company is facing pressure to adapt to changing consumer habits and modernize its infrastructure to ensure long-term financial stability. Business transformation is crucial for the USPS to remain competitive and meet the evolving needs of its customers.

01/08/2026 Logistics Industry Insights
Read More
Postal Reform Act Aims to Transform US Logistics Sector

Postal Reform Act Aims to Transform US Logistics Sector

The US Postal Service Reform Act aims to improve USPS's financial standing by relieving retirement benefit burdens, integrating healthcare, ensuring six-day delivery, and strengthening accountability. This act is crucial to USPS's 'Delivering for America' ten-year strategic plan. However, experts caution that the reform isn't a panacea, with challenges remaining in electric vehicle procurement, mail speed, and market competition. USPS needs continuous innovation and adaptation to market changes to achieve sustainable development.

01/15/2026 Logistics Industry Insights
Read More
Tianjin Airport Zone Boosts Air Logistics with New Postal Partnership

Tianjin Airport Zone Boosts Air Logistics with New Postal Partnership

The Airport Economic Zone has signed a framework agreement with the postal administration department to promote the development of air logistics and express services, creating a logistics hub across the Sanbei region. The agreement focuses on optimizing the networks of large express companies, driving the collaborative development of manufacturing, services, and e-commerce, enhancing service quality and competitiveness in the industry, and supporting the comprehensive upgrade of the regional economy.

07/28/2025 Logistics
Read More
Postal Reform Act Aims to Modernize USPS for Ecommerce Boom

Postal Reform Act Aims to Modernize USPS for Ecommerce Boom

The Postal Reform Act aims to improve the financial health of the United States Postal Service by eliminating pre-funding requirements for retirement benefits, integrating health insurance, and clarifying the six-day delivery obligation, thus revitalizing USPS. However, the true success of the reform hinges on operational efficiency, technological innovation, and customer experience. The entire logistics industry needs to closely monitor USPS's reform trends to better adapt to the new competitive landscape. This reform presents both opportunities and challenges for businesses reliant on efficient and affordable shipping options.

01/15/2026 Logistics Industry Insights
Read More
Postal Reform Act Poses Challenges Opportunities for US Logistics Firms

Postal Reform Act Poses Challenges Opportunities for US Logistics Firms

The Postal Service Reform Act aims to improve the financial stability of the USPS by reforming retirement benefits and healthcare, and ensuring six-day delivery. Logistics companies should pay close attention to these policy changes and optimize their services to meet the evolving landscape and challenges presented by the reform. This includes adapting to potential shifts in delivery volumes, pricing strategies, and service expectations resulting from the USPS's efforts to modernize and streamline its operations.

01/15/2026 Logistics Industry Insights
Read More
Postal Savings Bank of China Simplifies SWIFT Codes for Global Transfers

Postal Savings Bank of China Simplifies SWIFT Codes for Global Transfers

This article provides a comprehensive analysis of the SWIFT code system of the Postal Savings Bank of China (PSBC), focusing on the head office code PSBCCNBJXXX and its applicable scenarios. It also explains the specificities and inquiry methods for branch codes. Furthermore, the article details the precautions and frequently asked questions related to cross-border remittances, aiming to offer readers a clear and practical guide. It covers key aspects for understanding and successfully navigating international money transfers with PSBC.

09/03/2025 International Settlement
Read More
10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express Shuts Down Following USPS Contract Changes

10 Roads Express, a major US trucking company, has collapsed due to a sharp decline in revenue caused by the US Postal Service reform, resulting in the loss of 2,000 jobs. This highlights the risks of over-reliance on a single client and the challenges and transformation needs facing the logistics industry. This article analyzes the reasons for the bankruptcy, its impact on the industry, and prospects for future development trends in the logistics sector. The postal service changes significantly impacted their business model.

01/08/2026 Logistics
Read More
Driving Green Transformation International Postal Enterprises Focus on Sustainable Line Haul Transportation

Driving Green Transformation International Postal Enterprises Focus on Sustainable Line Haul Transportation

At the fourth "Green Postal Day," the International Post Corporation (IPC) highlighted that global postal companies are actively responding to the demand for sustainable delivery services by adopting electric vehicles and renewable energy sources, focusing on carbon reduction and environmental protection. Since 2008, carbon dioxide emissions have been reduced by 34%, with future goals aimed at increasing the proportion of alternative fuel vehicles to support greener trunk transportation.

07/24/2025 Logistics
Read More
Americas Caribbean Boost Crossborder Ecommerce Supply Chains

Americas Caribbean Boost Crossborder Ecommerce Supply Chains

The Americas and Caribbean Customs-Postal Strategy Conference highlighted the crucial role of customs-postal cooperation in fostering cross-border e-commerce. The WCO emphasized data-driven approaches and standardized frameworks, while the UPU and PUASP focused on process optimization and combating smuggling. Participants committed to strengthening collaboration to build a more efficient and secure global postal supply chain, laying the groundwork for the future development of cross-border trade. This includes enhanced data exchange and harmonized procedures to facilitate smoother and safer international transactions.

12/30/2025 Customs Knowledge
Read More