USPS

Postmaster General Louis DeJoy Announces Plans to Step Down

Postmaster General Louis DeJoy has announced his intention to step down, urging the Postal Service Board of Governors to begin the search for his successor. His tenure, marked by both progress and controversy, has seen significant reforms aimed at ensuring the financial viability of the USPS.

U.S. Postmaster General Louis DeJoy Announces Plans for Successor Amid USPS Financial Reforms

U.S. Postmaster General Louis DeJoy has announced his intention to identify a successor, aiming for a smooth transition and continued progress on the USPS's 10-year Delivering for America reform plan. Despite financial challenges, including significant losses, USPS reported a rare net profit in the first quarter of fiscal 2025. DeJoy's tenure has been marked by efforts to modernize the agency and implement cost-cutting measures, amidst criticism and declining first-class mail volumes.

USPS Reverses Decision to Suspend Inbound Packages from China and Hong Kong

The U.S. Postal Service has reversed its decision to suspend inbound packages from China and Hong Kong, following concerns over potential disruptions to e-commerce platforms reliant on low-cost shipping from China. The initial suspension was in response to new tariffs on Chinese goods and the closure of a trade loophole.

USPS Resumes Package Acceptance from China After Tariff Suspension

The U.S. Postal Service has resumed accepting packages from mainland China and Hong Kong after a brief suspension due to new tariffs. This move follows the elimination of the 'de minimis' exemption, impacting cross-border e-commerce and raising concerns about domestic retailers and security risks.