USPS Reports Fiscal Year 2023 Results – Net loss totaled $6.5 billion

November 14, 2023 The Postal Service has reported its financial results for fiscal year 2023 (Oct. 1, 2022-Sept. 30, 2023). Here are the highlights: • Revenue. Total operating revenue was $78.2 billion, a decrease of 0.4 percent from the previous fiscal year. First-Class Mail revenue increased 2.1 percent, while Marketing Mail revenue decreased 5.8 percent. Shipping and…

 Continue reading

APWU: Postal Service Health Benefit (PSHB) Program implementation

Will the APWU Health Plan participate in the new PSHB Program? As your Health Plan, we have submitted the necessary paperwork to apply for participation in the Postal Services Health Benefits program. Are APWU Health Plan Postal members impacted during the current 2023 Open Season period? The PSHB Program will not impact the upcoming Open…

 Continue reading