Postal Service Loses $1.5 Billion in Q1
2.08.2019 – FedSmith.com reports: “The Postal Service’s ongoing financial losses widened in the first quarter in which it reported a net loss of $1.5 billion, which is an approximately 178% higher loss than the same quarter last year in which it only lost $540 million. On the bright side, total revenue was $19.7 billion, up 2.9% over the same quarter last year. Marketing mail revenue increased by $218 million, and revenues from shipping and packages increased by $516 million.” – USPS: $103 Million Controllable Loss – Comments (Count)
Home Postal News Archives February 2019