Chief Financial Officer Joe Corbett discusses the Postal Serviceās year-end financial report in his latest āDollars and Changeā video. USPS recently reported $73.1 billion in operating revenue for fiscal year 2020 (Oct. 1, 2019-Sept. 30, 2020) and $82.2 billion in operating expenses, leaving the organization with a net loss of $9.2 billion. First-Class Mail and…
Washington, DC, Aug. 03, 2017 (GLOBE NEWSWIRE) What: Media Call on U.S. Postal Service FY 2017 Quarter 3 Financial Results Who: Postmaster General and CEO Megan J. Brennan, FO and Executive Vice President Joseph Corbett When: Thursday, August 10, 2017 – 10:00 a.m. ET Background: Postmaster General & CEO Megan Brennan and Chief Financial Officer…
The Postal Service is focused on growing revenue, but the organization remains stymied by its outdated business model, CFO Joe Corbett told the nationās top chief financial officers recently. āWe need to continue doing what we are doing ā and we need legislation from Congress to change our business model so that we can be…
