Postmaster General to Meet with Election Committee of Secretaries of State

September 1, 2020 WASHINGTON, DC — As part of the ongoing preparation for the election in November, Postmaster General Louis DeJoy will participate in a follow-up meeting with the National Association of Secretaries of State (NASS) Election Committee on Thursday, Sept. 17. This meeting follows an Aug. 26 conference call with NASS President and New…

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USPS Statement on Washington Post CARES Act Lending Authority Article

USPS News Release – July 30, 2020 WASHINGTON, DC — Pursuant to the terms that will apply to borrowing under the CARES Act, the Postal Service will provide the Department of the Treasury with certain information regarding our costs, revenues, and overall financial position. This includes providing Treasury, under strict terms of confidentiality, with those…

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USPS: Increase in net loss of $4.9 billion for FY 2019

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….

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USPS Reports Second Quarter Fiscal 2019 Results

The Postal Service has reported its financial results for fiscal 2019’s second quarter (Jan. 1- March 31). Here are some highlights: • Revenue. Total revenue was $17.5 billion, essentially flat from the same period one year earlier. First-Class Mail revenue declined 3.3 percent, while Marketing Mail revenue declined 3.9 percent. Shipping and packages revenue increased…

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USPS previews select 2019 stamps

The Postal Service has announced some of its planned stamps for 2019, including releases that honor poet Walt Whitman, entertainers Marvin Gaye and Gregory Hines, Post Office murals, and the nation’s scenic rivers. Here’s what’s coming: Hearts Blossom, the latest stamp in the Love series Year of the Boar, the 12th and final stamp in…

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