Postal Service

Word of Mouth
2:03 pm
Wed October 9, 2013

The Weirdest Quick Rich Scheme: Buying Stamps

Credit farm9 via Flickr Creative Commons

Last month, the United States Postal Service proposed plans to raise the price of a first class stamp from forty-six to forty-nine cents. The change should generate about $2 billion in additional revenue for an institution desperate to stem a projected $6 billion dollar deficit this year.

Meanwhile, the Forever Stamp, introduced in 2006 and impervious to changing price rates, may present an unexpected opportunity for a bold profit. Allison Schraeger is an economist and writer whose work is featured regularly in Quartz, where she and Ritchie King co-wrote a step-by-step guide to making big money from tiny stamps.

Read more
Word of Mouth
11:48 am
Tue February 19, 2013

Saving The Post Office

Credit JeromeG111via flickr Creative Commons

Neither snow, nor rain, nor heat, nor gloom of night stays these couriers from the swift completion of their appointed rounds. However,  a host of other factors have led the United States Postal Service to financial decline, job losses, and in August, the stoppage of Saturday delivery.  Freelance writer David Dayen says he has an idea that could save the country’s second largest employer:  in a piece for Pacific Standard Magazine, Dayen suggests the post office get back in the business of banking.

Read more
All Things Considered
4:45 pm
Wed May 30, 2012

Need Mail Service in the Town of Sugar Hill? You've Got 30 Minutes

The post office in Sugar Hill, New Hampshire.

As of this week, residents of Sugar Hill have a very narrow window to pick up stamps and drop off mail. The town’s post office, which had been open three hours a day, is now open for one half hour a day, 10:15 to 10:45 am. After that, residents will have to drive to nearby towns like Lisbon or Franconia.

Read more
The Two-Way
3:35 pm
Thu February 23, 2012

Closing Time: Postal Service May Cut 35,000 Jobs

The exterior of a Burlingame, Calif. U.S. Postal Service mailing processing center that has been approved for full consolidation.
Paul Sakuma AP

Originally published on Fri February 24, 2012 4:50 am

Facing a financial crisis, the United States Postal Service announced that 223 processing facilities have been "found feasible for consolidation, all or in part." Of the 264 processing facilities studied, only 35 are set to remain open.

The closings could result in the loss of 35,000 jobs. USPS has posted a full list of the facilities — which process and sort mail on its way to being delivered — on its website.

Read more