USPS

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

Senate Parliamentarian Elizabeth MacDonough says Republicans cannot force the United States Postal Service or USPS, to scrap thousands of EVs and charging equipment under the new tax bill. What Happened: The USPS currently has over 7,200 EVs in its fleet, which comprises Ford Motor Co.'s (NYSE:F) e...

The United States Postal Service is rolling out sweeping changes to mail delivery, part of a 10-year "Delivering for America" plan that took effect on April 1. The moves aim to check mounting financial losses and improve efficiency but have sparked backlash from unions worried about potential...

Elon Musk, CEO of Tesla and SpaceX, as well as an advisor to President Donald Trump, has put forth a proposal for the privatization of the U.S. Postal Service and Amtrak. What Happened:  During a Morgan Stanley conference on Wednesday, Musk stated, “I think logically we should privatize ...

President Donald Trump may soon attempt to place the U.S. Postal Service under Commerce Department control, a move that could reshape a $1.2 trillion mailing industry employing over 7 million Americans. Trump plans to disband the agency’s governing board through executive order, according to...

The United States Postal Service (USPS) is offering employees a voluntary early retirement incentive to address overstaffing in its facilities. This incentive includes lump-sum payments equaling up to $15,000. According to the Federal News Network, Postmaster General Louis DeJoy is employing this...

Rep. Marjorie Taylor Greene (R-Ga.) voiced her support for the privatization of the United States Postal Service, amidst its financial woes on Tuesday. What Happened: In a recent post on X, Greene expressed her long-held belief in the need for privatizing the USPS. She emphasized that her newly...

Presiden-elect Donald Trump is reportedly eyeing privatizing the U.S. Postal Service (USPS) after the agency reported a staggering $9.5 billion loss in the fiscal year ending September 30. This financial setback, caused by declining mail volumes and slower-than-expected growth in parcel shipping,...

Trump’s Department of Government Efficiency Co-Lead and CEO of Tesla Inc. (NASDAQ:TSLA), Elon Musk, expressed skepticism about the cost of electric vehicles for the U.S. Postal Service. What Happened: On Friday, Musk reacted to a post by Sawyer Merritt regarding a $10...

U.S. Postmaster General Louis DeJoy on Tuesday reportedly said that he does not intend to return the funds designated for the purchase of electric delivery vehicles without legislation from Congress. What Happened: The U.S. Congress gave the USPS $3 billion in 2023 to buy EVs and charging...

Editor’s Note: This story has been updated with a statement from Oshkosh. President-elect Donald Trump‘s transition team is reportedly considering canceling the U.S. Postal Service’s (USPS) contracts aimed at electrifying its delivery fleet. What Happened: The move could be...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...

FedEx Corp (NYSE:FDX) shares are trading lower Monday after the company announced it will end domestic transportation services for the United States Postal Service this year. What Happened: FedEx said it failed to reach an agreement on mutually beneficial terms with USPS following extensive...

California-headquartered Canoo Inc. (NASDAQ:GOEV) said on Wednesday that the U.S. Postal Service (USPS) has joined hands with the EV startup to acquire six electric vehicles (EVs). What Happened: USPS will take delivery of Canoo’s Lifestyle Delivery Vehicle 190 (LDV 190) in the first quarter...

Former President Donald Trump is one of the most followed accounts on Twitter, now known as X, with more than 80 million followers. Over the years, Trump used the platform to attack individuals and companies. Here’s a look back at an attack on one of the largest companies in the world....