May 9, 2023 The Postal Service has reported its financial results for fiscal year 2023’s second quarter (Jan. 1-March 31, 2023). Here are some highlights: • Revenue. Total operating revenue was $19.3 billion, a decrease of 2.4 percent compared with the same quarter last fiscal year. First-Class Mail revenue increased 0.5 percent, and Marketing Mail…
February 9, 2023 The Postal Service has reported its financial results for the first quarter of fiscal year 2023 (Oct. 1-Dec. 31, 2022). Here are some highlights: • Revenue. Operating revenue was $21.5 billion, an increase of 1 percent compared with the same quarter last fiscal year. Shipping and packages revenue increased 2.4 percent, and…
The Postal Service has reported its financial results for fiscal year 2021’s second quarter (Jan. 1-March 31). Here are some highlights: • Revenue. Total revenue was approximately $18.9 billion, up 6 percent compared with the same quarter one year earlier. First-Class Mail revenue decreased by 6.1 percent, while Marketing Mail revenue declined 13.7 percent. Revenue…
The Postal Service has reported its financial results for fiscal year 2020 (Oct. 1, 2019-Sept. 30, 2020). Here are some highlights: • Revenue. Operating revenue was $73.1 billion, up 2.8 percent from the previous fiscal year, driven by a 25.3 percent increase in shipping and package revenue. First-Class Mail revenue fell 2.7 percent, while Marketing…
The Postal Service has reported its financial results for fiscal year 2020’s first quarter (Oct. 1-Dec. 31, 2019). Here are some highlights: • Revenue. Total revenue was $19.4 billion, down 1.8 percent from the same period one year earlier. First-Class Mail revenue declined 2.5 percent, while Marketing Mail revenue fell 5.4 percent. Shipping and packages…
The Postal Service has reported its financial results for fiscal 2019 (Oct. 1, 2018-Sept. 30, 2019). Here are some highlights: • Revenue. Operating revenue was $71.1 billion, up 0.7 percent from the previous fiscal year. The increase was driven largely by price changes and continued growth in shipping and packages, where revenue increased 6.1 percent….
By Claire Hansen – Aug. 9, 2019 THE NUMBER OF PACKAGES delivered by the U.S. Postal Service dipped in the last three months, the first such decline in nearly a decade. The Postal Service said it delivered 3.2% fewer packages during the third quarter of the fiscal year than it did during the same time…
The Postal Service has reported its financial results for fiscal 2019’s third quarter (April 1-June 30). Here are some highlights: • Revenue. Total revenue was $17.1 billion, essentially flat from the same period one year earlier. First-Class Mail revenue declined 1.6 percent, while Marketing Mail revenue declined 3 percent and Periodicals revenue declined 11.2 percent….
