US Postal Service hiring restructuring advisers as it could run out of money in 2027 [Yahoo! Finance]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
A postal worker transports boxes filled with packages at the United States Postal Service (USPS) Processing & Distribution Center in Los Angeles, California, U.S., December 2, 2025. REUTERS/Daniel Cole By David Shepardson 3 min read By David Shepardson WASHINGTON, March 4 (Reuters) - The U.S. Postal Service is hiring restructuring advisers to help address its mounting financial troubles, Postmaster General David Steiner told Reuters in an interview. Reuters first reported in December ?that Steiner believed the Postal Service could run out of money as soon as early 2027. USPS ?has reported net losses of about $120 billion since 2007 as first-class mail, its most profitable product, has fallen to its lowest volume since the late ?1960s. USPS hired consulting firm Alvarez & Marsal for a brief engagement to help with planning for all scenarios, Steiner said. "We are out of cash in 12 months if we don't do anything different," Steiner told Reuters Thursday. "I do not want to
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UPS
News
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- Is United Parcel Service Stock Underperforming the S&P 500? [Yahoo! Finance]Yahoo! Finance
- UPS Resets Network Of The Future As Investors Weigh Margin Risks [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