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The USPS Made More Money Than Amazon. Stamp Prices Are Going Up Anyway.

Por: MarketWatch Business January 22, 2023

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The increases come after a banner year for the USPS. The agency reported a record $56 billion in net income for , which ended in September. Compare that to the combined net income of three USPS competitors— (ticker: AMZN), (UPS), and (FDX—from the past 12 months: Roughly $27 billion. So, why do stamp prices need to rise if ? Congress, cash flow, and net income all play a role. In 2006, Congress ordered the post office to prefund its... + full article



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