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Filed in USPS

Tuesday, May 10, 2016

The USPS reported that operating revenue at $17.7 billion was up 4.7 percent, or $788 million, annually. But it incurred a net loss of $2.0 billion compared to a $1.5 billion loss for the same period a year ago.
Posted on 05/10 at 10:54 AM
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Friday, February 26, 2016

Even with some reasons for optimism based on a strong performance from its Shipping and Package group, financial issues persist for the United States Postal Service (USPS). The USPS made this clear yesterday, explaining that without Congressional or court action to extend, or make permanent, its current exigent surcharge for mailing products and services, it will be required to decrease certain prices, effective April 10, 2016.
Posted on 02/26 at 12:24 PM
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Tuesday, February 09, 2016

USPS pointed to ongoing growth in its Shipping and Package Group, whose primary offerings are comprised of Priority Mail, Express Mail, Parcel Select and Parcel Return services, as the key driver for the quarterly revenue gains.
Posted on 02/09 at 12:11 PM
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Monday, November 16, 2015

While its top-line losses remain intact, with last week’s announcement that it had a $5.1 billion fiscal year 2015 net loss, there are some bright spots mixed in with last week’s fiscal year 2015 earnings announcement from the United States Postal Service (USPS).
Posted on 11/16 at 12:25 PM
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Monday, October 19, 2015

While often viewed as a lower-price alternative to the “big two” of UPS and FedEx in some instances, the United States Postal Service (USPS) last week announced it plans to raise prices for some of its Shipping Services in a filing with the Postal Regulatory Commission.
Posted on 10/19 at 10:08 AM
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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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