Postal finances: the numbers tell the truth, but not the whole story

Posted on May 11, 2014May 11, 2014 by 21cpw

Where you stand on the U.S. Postal Service’s financial situation depends on where you walk. “U.S. Postal Service Records Second Quarter Loss of $1.9 Billion” was the headline of a USPS press release issued Friday. But if you are a letter carrier walking city streets and believe your union leaders, Postal Service finances don’t look…

The Postal Service is Strong and Improving with the Economy

Posted on May 10, 2014May 10, 2014 by 21cpw

The Postal Service released its second quarter results today. The results demonstrate that USPS finances are continuing to improve with the economy. Here’s what you need to know: Second quarter revenue rose by $379 million, representing a 2.3 percent increase year-over-year. Shipping and package revenue continues to see dramatic growth, with an 8 percent increase…