USPS Hires Consultants to Fix Financial Woes
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The United States Postal Service is seeking external assistance to address its financial struggles, hiring Alvarez and Marsal for a review of service levels, staffing, and operations. They aim to raise their borrowing limit and explore new revenue streams, such as partnering with other shippers and optimizing their network. Despite receiving relief funds, they emphasize the need for internal changes to ensure long-term stability.
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