In fiscal 2024, USPS lost $9+ billion while giving almost a half billion dollars in postage credits to just 1,300 companies. Mail is half of what it was in 2006 but employees are still 96% of what they were then. In late March, the Postmaster General told Congress that they may face shutdown without more subsidies.
Join me to discover the one way USPS can solve this problem without continuous rate increases.