Thirty-five percent of postal executives already were retirement-eligible in 2013, and the number will grow to 49 percent in 2015, a report said.
Postal Service real-estate deals risk financial losses because of potential conflict, IG says.
They are especially accommodating if they are aware that the agency does not draw on tax revenue — a study by the USPS inspector general has found.
U.S. Postal Service and mail-industry groups file competing appeals relating to three-cent increase in postage due to take effect in three days.
USPS will now offer free insurance and tracking, along with day-specific delivery.
The chief House architect of a bill that failed to gain traction in the last Congress has drafted new legislation
Savings from efficiency measures and increased revenues in some categories of business were not enough to prevent the second quarter USPS loss.
Postal Service says it could become "a significant burden to the taxpayer" if it does not get needed flexibility to change its business operations.
The Postal Service plans to make its new product line available in 2014, with clothing that includes "smart apparel" that allows integration of modern technology devices.
Postmaster general makes case for five-day mail delivery and postal reform legislation to deal with Postal Service's financial problems in Senate hearing Wednesday.