USPS Foto 198693472 © Alexander Mirt Dreamstime.com

Its “outdated network” has been blamed for revenue for the US Postal Service shipping and packages unit ’fell off a cliff’ during the second quarter.

Total quarterly losses hit $3bn, the logistics wing one of the biggest losers, with a $646m drop in income and a 14.1% shortfall in year-on-year volumes.

This led postmaster general Louis DeJoy to suggest the service had entered a “transitional phase”.

He explained: “We are transitioning from an outdated network and operational posture, ill-equipped to handle the effects ...

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