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Higher prices, more deliveries: US Postal Service proposes major changes to avoid $160B projected shortfall

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In this photo illustration the United States Postal Service (USPS) logo is seen on a smartphone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) WASHINGTON - The U.S.

Postal Service has released its 10-year plan that calls for major changes to avoid a projected $160 billion shortfall.The plan, named "Delivering for America," looks to expand package delivery services and increase the prices for postage.Specifics on the proposed price hike weren’t provided in the proposal’s outline, but last November, the Postal Regulatory Commission granted the service the flexibility to raise the costs of products.Under the plan, the U.S.

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