USPS financial results: Second-quarter revenue grew 4.7 percent
The Postal Service has reported operating revenue of $17.7 billion for fiscal 2016’s second quarter (Jan. 1-March 31, 2016), an increase of $788 million — or 4.7 percent — compared to the same period one year earlier. The increase was attributed to an 11.4 percent increase in package volumes and pricing strategies. “While we have…