USPS Service Performance Continues Improvement Across First-Class Mail and Periodicals

June 10, 2021 WASHINGTON, DC — The U.S. Postal Service provided new service performance data today for the week of May 29 through June 4, 2021. During the seven-day period, First-Class Mail and Periodicals experienced positive improvement in service delivery, while Marketing Mail saw a slight decline. Notably, First-Class Mail service performance reached nearly 90…

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USPS: First-quarter financial results reported

The Postal Service has reported its financial results for fiscal year 2021’s first quarter (Oct. 1-Dec. 31, 2020). Here are some highlights: • Revenue. Total revenue was $21.5 billion, up 11.1 percent from the same period one year earlier. Despite record election-related mail during the quarter, revenue from mail services dropped, the result of the…

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USPS: Year-end finances reported – $9.2 billion net loss

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…

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USPS OIG: Management Alert – Manual Package Counting and Conversion Factors

Audit Report – NO-MA-14-008 – 09/30/2014 “We are alerting you to this condition because it may be systemic throughout the network and could result in overstated manual package processing volumes.” Introduction This management alert presents the results of our review of manual package counting and conversion factors at the Omaha, NE Processing and Distribution Center…

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