February 8, 2024 The Postal Service has announced its financial results for the first quarter of fiscal year 2024 (Oct. 1-Dec. 31, 2023). Here are some highlights: â˘Â Revenue. Total operating revenue was $21.6 billion, an increase of 0.5 percent compared with the same quarter one year earlier. Shipping and packages revenue increased 2.7 percent, and First-Class…
The just released USPS Financial Results for Fiscal year 2023 shows an organization in trouble. The US Postal Service will never make it to the tenth year of their so-called Ten Year Plan. Ten years like the one just completed gets a loss of $60 Billion Dollars. The morale among Craft Employees and Management personnel…
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: â˘Â 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…
May 5, 2022 The Postal Service has reported its financial results for fiscal year 2022âs second quarter (Jan. 1-March 31). Here are some highlights: ⢠Revenue. Operating revenue was approximately $19.8 billion, an increase of 4.7 percent compared with the same quarter one year earlier. First-Class Mail revenue increased 5 percent, while Marketing Mail revenue…
February 8, 2022 The Postal Service has reported its financial results for the first quarter of fiscal year 2022 (Oct. 1-Dec. 31, 2021). Here are some highlights: ⢠Revenue. Operating revenue was approximately $21.3 billion, a decrease of 0.9 percent compared with the same quarter last fiscal year. Shipping and packages revenue decreased 7.9 percent,…
The Postal Service has reported its financial results for fiscal year 2021 (Oct. 1, 2020-Sept. 30, 2021). Here are some highlights: ⢠Revenue. Operating revenue was $77 billion, an increase of 5.3 percent from the previous fiscal year. Shipping and packages revenue increased 12.2 percent, while Marketing Mail revenue increased 4.9 percent. First-Class Mail revenue…
The Postal Service has reported its financial results for fiscal year 2021âs third quarter (April 1-June 30). Here are some highlights: ⢠Revenue. Total operating revenue was approximately $18.5 billion, up 4.8 percent compared with the same quarter one year earlier. First-Class Mail revenue increased 1 percent, while Marketing Mail revenue increased 42.2 percent. Revenue…
Press Release – April 26, 2021 Washington, DC â The Postal Regulatory Commission (Commission) today released its Financial Analysis, an examination of the U.S. Postal Serviceâs (Postal Service) financial results and 10-K Statements for Fiscal Year (FY) 2020. Despite an increase in Competitive products revenue, the Commissionâs overall analysis supports the conclusion that the Postal…
