Earn more or spend less. Those are the two basic ways to achieve financial fitness, whether you’re talking about the household budget or a multi-billion-dollar corporate balance sheet. And that’s what it comes down to for the U.S. Postal Service as it seeks to bring revenue in line with expenses (it lost $5 billion in…
Postmaster General Patrick Donahoe claimed in a May 9 press release that the Postal Service had its “third straight quarter of revenue increase.” Actually, the Postal Service has been reporting revenue increases for five straight quarters. Why is Donahoe minimizing the winning streak? Perhaps someone in Postal HQ’s statistics department was snoozing that day. But…
May 10, 2013 Release No. 13-051 New Services & Successful Marketing Continue to Fuel Package Growth Career Workforce Reduced by 25,000 in Second Quarter Updated Five-Year Plan Returns USPS to Solvency Only if Congress Acts WASHINGTON — The U.S. Postal Service ended the second quarter of its 2013 fiscal year (Jan. 1 – March 31)…
