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Filed in USPS

Monday, August 10, 2015

The USPS reported today that it had a $586 million net loss for the fiscal third quarter, which represents a $1.4 billion reduction compare to a $2 billion net loss for a same quarter a year ago. For the fiscal first and second quarters, the USPS had $754 million and $1.5 billion net losses, respectively.
Posted on 08/10 at 09:53 AM
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Monday, May 11, 2015

Late last week, the United States Postal Service (USPS) announced it had a $1.5 billion net loss for the fiscal second quarter compared to a $1.9 billion net loss for the same period last year. This follows a fiscal first quarter net loss of $754 million and a $5.5 billion fiscal 2014 net loss.
Posted on 05/11 at 09:43 AM
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Friday, February 06, 2015

USPS reported a $754 million net loss for the quarter, following a $5.5 billion net loss for all of fiscal 2014.
Posted on 02/06 at 11:35 AM
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Friday, November 14, 2014

The United States Postal Service (USPS) today announced that fiscal year 2014 operating revenue increased by $569 million, which was driven by its January 2014 rate increase and an ongoing strong performance in its Shipping and Package group. Conversely, though, the USPS said it is still faced with regulatory burdens and constraints as it incurred a FY 2014 net loss of $5.5 billion, marking the eighth straight annual net loss. USPS officials said this most recent annual loss highlights the need for legislation to repair its “broken business model.”
Posted on 11/14 at 02:29 PM
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Monday, November 10, 2014

In an effort to meet anticipated holiday season demand in the form of double-digit volume growth, the United States Postal Service (USPS) last week said that it plans to deliver packages seven days per week in major cities and volume areas, effective November 17 through Christmas Day, December 25.
Posted on 11/10 at 09:27 AM
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Monday, August 11, 2014

In the unlikely event, you have not heard it before, we will repeat it again: the United States Postal Service (USPS) lost money last quarter. Just to clarify, that is in regards to the fiscal third quarter of this year, but it also applies to 21 of the last 23 quarters in which the USPS has recorded a loss, stretching a span of nearly six years of mostly dark times.
Posted on 08/11 at 10:23 AM
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Wednesday, July 02, 2014

In an effort to grow its Priority Mail offering, the United States Postal Service (USPS) said this week that it has filed notice with the Postal Regulatory Commission to change prices for Priority Mail.
Posted on 07/02 at 10:59 AM
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Thursday, May 15, 2014

When it comes to the financial dire straits of the United States Postal Service, the common refrain goes something like this: another quarter, another loss.
Posted on 05/15 at 10:25 AM
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Tuesday, May 06, 2014

A recent Wall Street Journal (WSJ) article noted that Amazon is testing its own delivery network for “last-mile” services in San Francisco, with plans to do the same in Los Angeles and New York.
Posted on 05/06 at 03:54 PM
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Wednesday, February 12, 2014

Metro Post, an initiative rolled out by the USPS in December 2012 in San Francisco that serves as a package delivery service providing customers with same-day delivery from participating locations within a defined location, will cease operations on March 1, according to a report from the USPS Office of Inspector General. But that does not mean the effort is squashed permanently, as USPS continues to go forward with Metro Post in New York.
Posted on 02/12 at 06:57 AM
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