Postal Service Sees Dip in Packages for First Time in Nearly a Decade

Posted on August 10, 2019August 10, 2019 by 21cpw

By Claire Hansen – Aug. 9, 2019 THE NUMBER OF PACKAGES delivered by the U.S. Postal Service dipped in the last three months, the first such decline in nearly a decade. The Postal Service said it delivered 3.2% fewer packages during the third quarter of the fiscal year than it did during the same time…

USPS: Third-quarter financial results reported

Posted on August 10, 2019August 10, 2019 by 21cpw

The Postal Service has reported its financial results for fiscal 2019’s third quarter (April 1-June 30). Here are some highlights: • Revenue. Total revenue was $17.1 billion, essentially flat from the same period one year earlier. First-Class Mail revenue declined 1.6 percent, while Marketing Mail revenue declined 3 percent and Periodicals revenue declined 11.2 percent….