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Friday, March 6, 2026

Not Good: Post Office Expects To Run Out Of Cash

ABC News reports that the United States Postal Service is expecting to run out of cash unless Congress authorizes it to borrow more money. Postmaster General David Steiner, a former member of the FedEx board of directors, says that the extra cash is needed to enact needed reforms. One source of revenue that the USPS is looking at is expanding the offering of "last mile" delivery to more businesses. "Last-mile delivery refers to the final step of getting a package from a local distribution center to a customer’s door, the most labor-intensive part of the delivery process." I don't know about your area, but I have found the USPS to be more reliable than many other carriers, so I hate to see this happen. Besides which, the Constitution provides for the federal government to run a postal service. 

4 comments:

  1. USPS is a distant third where I live. 1) UPS, 2) Fed Ex, 3) USPS.

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    1. My brother who lives in a different state said something similar to me years ago when I had some complaints about Fed Ex.

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  2. Can't remember mailing anything except tax returns recently.

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    1. We still mail packages and most UPS shipments we receive are delivered by the Post Office.

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