Postmaster General Vows to Consider 'Critiques' as USPS Announces Tanking Performance in Recent Months
"The U.S. Postal Service saw improved financial results in its most recent quarterly filing, though its on-time delivery plummeted and significant concerns about its financial state persisted. USPS lost just $82 million in the second quarter of fiscal 2021, a marked improvement over the same quarter the previous year. When excluding inflationary adjustments to the agency’s workers’ compensation liabilities that are outside of management’s control, however, the agency experienced $1.7 billion in losses from January through March compared to $1.9 billion in that period of fiscal 2020."