USPS warns of price hikes and 'urgent need' for changes after suffering another huge blow [View all]

Source: The Independent

Friday 14 November 2025 16:59 EST


The U.S. Postal Service is eyeing another overhaul after a $9 billion yearly loss. New Postmaster General David Steiner said USPS must be more efficient and that it still has a "significant systemic annual revenue and cost imbalance."

"To correct our financial imbalances, we must explore new revenue opportunities and public policy changes to improve our business model,” he added.

USPS, which lost $9.5 billion in the prior year, has lost more than $100 billion since 2007 despite significant restructuring and legislative reforms. The U.S. Congress in 2022 provided the Postal Service with about $50 billion in financial relief over a decade.

USPS is seeking reforms, including changes to retiree pension benefit funding rules, diversification of pension assets, raising the statutory debt ceiling, and workers’ compensation administration reform.

Read more: https://www.the-independent.com/news/world/americas/usps-price-increase-mail-postal-service-b2865733.html