PRC Releases Analysis of Postal Service Finances in FY 2020

Press Release – April 26, 2021 Washington, DC – The Postal Regulatory Commission (Commission) today released its Financial Analysis, an examination of the U.S. Postal Service’s (Postal Service) financial results and 10-K Statements for Fiscal Year (FY) 2020. Despite an increase in Competitive products revenue, the Commission’s overall analysis supports the conclusion that the Postal…

 Continue reading

USPS OIG Report: Impact of Pandemic on Postal Service Finances

Objective On March 13, 2020, the President of the U.S. issued the national emergency declaration concerning the COVID-19 pandemic (pandemic). During the ongoing pandemic, the U.S. Postal Service provided essential services as part of the nation’s critical infrastructure by continuing to process and deliver mail and packages. The pandemic continues to have an unpredictable impact…

 Continue reading

PRC Financial Analysis for FY 2019: USPS Financial Losses are Largest in a Decade

Press Release – May 7, 2020 Washington, DC – The Postal Regulatory Commission today released its Financial Analysis report of the Postal Service’s 2019 financial results. The report was developed using information from the Postal Service’s Fiscal Year (FY) 2019 10-K Statement and measured against its FY 2018 and FY 2019 Integrated Financial Plan, Cost…

 Continue reading

Senator Carper Convenes Bipartisan Briefing on Postal Service Finances

April 17, 2015 WASHINGTON – Sen. Tom Carper (D-Del.), ranking member of the Homeland Security and Governmental Affairs Committee, convened a bipartisan briefing on the state of Postal Service finances Thursday afternoon. The briefing provided an important opportunity for all senators to hear from the U.S. Postal Service along with key oversight bodies, including the…

 Continue reading