The director of FedEx has been appointed as the Postmaster General of the United States Postal Service.
The United States Postal Service Board of Governors has appointed David Staunton, a director of FedEx Corporation, as the Postmaster General of the United States Postal Service. In addition, the USPS also released its financial report for the second quarter of the 2025 fiscal year on the 9th. The report states that the USPS incurred a net loss of $3.3 billion this quarter, higher than the $1.5 billion loss in the same period last year.
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