In the United States, the U.S. Postal Service is currently facing significant financial challenges. Postmaster General David Steiner, who assumed office in July, emphasized at a Postal Board of Governors meeting that cutting costs alone is insufficient to restore the agency's finances. The Postal Service reported an operational revenue of $80.5 billion for the previous fiscal year; however, net losses amounted to $9 billion. This marks a slight improvement from a net loss of $9.5 billion the previous year. Steiner indicated that the agency must pursue revenue growth and improve its service delivery strategies to address its financial downturn. To bolster revenue, Steiner suggested that the Postal Service engage in new partnerships, especially focusing on providing last-mile delivery services to retailers. He mentioned ongoing negotiations with private delivery services like UPS to enhance these delivery capabilities. Steiner cited the increasing demand among retailers for speedy and reliable delivery options, and he believes that expanding USPS’s service delivery can capitalize on its unique advantage of delivering to every address six to seven days a week. The Postal Service also faces regulatory constraints, such as a requirement to pay a disproportionate amount into its retiree system compared to other federal agencies. Furthermore, the entity is limited in how it can invest its retirement funds, which has impacted its financial flexibility. Steiner called for urgent action and noted the importance of adopting innovative methods to restore financial viability, including the use of artificial intelligence within its logistics network. Regarding modernization efforts, Steiner aims to continue the $40 billion, 10-year plan established by his predecessor, Louis DeJoy. After visiting over 20 postal facilities and engaging with employees and stakeholders, he has seen progress in mail delivery effectiveness. While improvements have occurred, Steiner acknowledged that further work is necessary, especially as the holiday season approaches. The Postal Service also feels prepared, having invested $20 billion in mail processing and logistics improvements in the last four years.