USPS CFO reviews quarterly financial results (video)

Posted on March 12, 2021March 12, 2021 by 21cpw

March 12, 2021 Chief Financial Officer Joe Corbett reviews the Postal Service’s latest quarterly financial results in a “Dollars and Change” video released this week. During fiscal year 2021’s first quarter (Oct. 1-Dec. 31, 2020), USPS recorded total revenue of $21.5 billion and total operating expenses of $21.1 billion, leaving the organization with net income…

USPS Cost Cutting Ain’t Cuttin’ It, Mailers Group Says

Posted on February 10, 2015February 10, 2015 by 21cpw

February 9, 2015 From Flats Sequencing to Network Rationalization, many of the U.S. Postal Service’s recent cost-cutting programs have not been living up to the agency’s projections, a multi-industry mailers group says. Worse, the programs have shifted costs to mailers without apparently benefiting USPS, the Association for Postal Commerce (PostCom) wrote in a recent filing…