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In 1977, the Postal Service introduced Express Mail; the two services operated concurrently for the next 20 years. [7] On June 7, 1997, the United States Postal Service terminated Special Delivery mail service [8] which left many unused Special Delivery stamps in circulation that were no longer valid for such postage. The remaining stamps were ...
On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
Salary. $303,460 [ 1] The United States postmaster general ( PMG) is the chief executive officer of the United States Postal Service (USPS). [ 2] The PMG is responsible for managing and directing the day-to-day operations of the agency. The PMG is selected and appointed by the Board of Governors of the Postal Service, which is appointed by the ...
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The board oversees the activities of the Postal Service, while the postmaster general actively manages its day-to-day operations. [2] The board directs "the exercise of the power" of the Postal Service, controls its expenditures, and reviews its practices and policies. [3] It consists of 11 members; 6 are requisite to achieve an ordinary quorum.
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