USPS Could Run Out Of Funds Within A Year Without Congressional Action: Postmaster General [zero hedge]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: zero hedge
USPS Could Run Out Of Funds Within A Year Without Congressional Action: Postmaster General Authored by Kimberly Hayek via The Epoch Times (emphasis ours), U.S. Postal Service Postmaster General David Steiner said on March 4 that the service could run out of cash reserves within a year unless Congress removes a decades-old cap and allows the agency to borrow more money. A USPS van driver parks the car on a street in Manhattan, New York City, on August 24, 2020. Chung I Ho/The Epoch Times If it doesn’t, the service risks not being able to pay employees and vendors as early as February 2027, Steiner told The Associated Press. “ How long are employees going to work and vendors going to show up if we’re not paying them? ” he said. The Postal Service is an independent agency funded mostly by postage revenue and the services it provides, rather than federal appropriations. It reported a $9 billion net loss for fiscal year 2025. In 2024, the agency reported a $9.5 billion net loss. Operating
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- A Look At United Parcel Service's Valuation After Sector Sell Off And Automation Push [Yahoo! Finance]Yahoo! Finance
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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