The American Herbal Products Association (AHPA) and its member companies are among those involved in trades which rely heavily on the U.S. Postal Service, especially due to the ongoing COVID-19 crisis’ crippling of brick-and-mortar across all market segments nationwide.
 
AHPA President Michael McGuffin recently sent a letter to officials in the U.S. House of Representatives and Senate to request that adequate federal funding be included in a fourth COVID-19 relief package to ensure the financial viability and continued operations of the USPS. Analysts question whether the USPS may actually run out of liquidity and be forced to shut down operations for the first time in its history.
 
The U.S. Government Accountability Office (GAO) reported the financial condition of the USPS is “deteriorating and unstable.”
 
“USPS has lost $69 billion over the past 11 fiscal years—including $3.9 billion in the fiscal year 2018,” GAO reported. “USPS’s total unfunded liabilities and debt ($143 billion at the end of fiscal year 2018) have grown to double its annual revenue. USPS’s expenses are no