The Postal Service will run out of cash within a year, Postmaster General warns: ‘We have to have a conversation with the American public' [Fortune]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Fortune
Recommended Video If it doesn't, the Postal Service might not be able to pay its employees or vendors by February 2027, with potentially dire consequences for mail delivery, Postmaster General David Steiner told The Associated Press. “How long are employees going to work and vendors going to show up if we're not paying them?” Steiner said in an interview on Wednesday. The postmaster general is scheduled to testify before Congress later this month about the Postal Service's financial struggles and the need to change longstanding rules and regulations that he considers burdensome. He singled out the $15 billion cap on borrowing that has been in place since 1990. The Postal Service is an independent agency that is funded mostly through postage revenue and the services it provides. Steiner said it has all the burdens of a government agency, such as having to deliver mail six days a week to every address, but none of the benefits, such as an annual appropriation from the federal b
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UPS
News
- USPS Could Run Out Of Funds Within A Year Without Congressional Action: Postmaster General [zero hedge]zero hedge
- UPS Market Value Lead Over FedEx Shrinks to Under $1 Billion [Yahoo! Finance]Yahoo! Finance
- UPS Gets Price Target Increase from Jefferies on Infrastructure Advantage [Yahoo! Finance]Yahoo! Finance
- A Look At United Parcel Service's Valuation After Sector Sell Off And Automation Push [Yahoo! Finance]Yahoo! Finance
- Allient, Shoals, Pangaea, United Parcel Service, and Ducommun Stocks Trade Down, What You Need To Know [Yahoo! Finance]Yahoo! Finance
UPS
Earnings
- 1/27/26 - Beat
UPS
Sec Filings
- 2/17/26 - Form 10-K
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- UPS's page on the SEC website