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#usps-losses
(3 articles)Risk & Disruption
High ImpactSep 28, 2026USPS Shuts Down Counterfeit Postage Site; $126M Fraud Uncovered
U.S. law enforcement has dismantled a major counterfeit postage operation, seizing the domain LabelsBank.com and charging Pakistani national Faheem Akram with operating an unauthorized website that di
FreightWaves#counterfeit-postage#shipping-fraud#usps-losses
Shipping & Freight
High ImpactAug 11, 2026USPS Posts $2.5B Q3 Loss, Straining U.S. Last-Mile Network
The United States Postal Service's reported $2.5 billion fiscal third quarter net loss represents a significant warning signal for the entire U.S. supply chain ecosystem. This substantial financial he
Logistics Management#usps-losses#postal-service-crisis#last-mile-delivery
Risk & Disruption
ModerateJul 24, 2026Counterfeit Stamp Ring Plea: $1.7M Fraud Highlights China Import Risks
A 48-year-old man pleaded guilty to money laundering in connection with a $1.7 million counterfeit postage stamp scheme that exploited supply chain vulnerabilities to defraud the U.S. Postal Service.
FreightWaves#counterfeiting#fraud-scheme#postal-service