USPS Money Woes Worsening
Once again, the cash-strapped U.S. Postal Service is apparently beset by problems beyond its control.
On the one hand, the Postal Regulatory Commission (PRC) found that catalogs are not pulling their weight cost-wise under the Postal Accountability and Enhancement Act of 2006 (PAEA). This, according to the PRC, could lead to massive postage increases going forward.
In an exclusive interview at the National Postal Forum last week, USPS CFO Joseph Corbett said the postal service was looking at the PRC
