The U.S. Postal Service (USPS) announced its intent to implement new administrative and legislative reforms as it reported a $9 billion annual loss for the fiscal year, a slight improvement from the previous year's $9.5 billion deficit. Under Postmaster General David Steiner, USPS aims to address its persistent financial challenges through exploring new revenue streams and necessary public policy adjustments.

USPS proposed price increases for several services, with priority mail seeing a 6.6% hike and ground advantage up by 7.8%. However, first-class mail prices remain unchanged. In the face of political pressure and restructuring challenges under former President Donald Trump, USPS aims to redefine its business model to ensure sustainability.

Mail volumes continue to decline, reaching t

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