Filed in USPS Parcel Return Service
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.
Tuesday, February 11, 2014
Last week, the United States Postal Service (USPS) said it incurred a net loss of $354 million. This is the 19th time in the last 21 quarters the USPS has reported a loss and follows a fiscal year 2013 loss of $5 billion.
Friday, November 16, 2012
The financial outlook for the United States Postal Service (USPS) remains dim, with this week’s announcement that it incurred a record net loss of $15.9 billion for fiscal year 2012, compared to a $5.1 billion loss in fiscal year 2011.
Tuesday, October 16, 2012
The United States Postal Service (USPS) recently rolled out new prices set to take effect on January 27, 2013, pending approval from the Postal Regulatory Commission.
Thursday, May 10, 2012
The USPS said it incurred a new loss of $3.2 billion during the quarter, following a $3.3 billion fiscal first quarter loss and a $5.1 billion fiscal year 2012 loss.
Friday, February 24, 2012
USPS officials said subsequent changes related to these studies are a necessary part of a larger comprehensive plan developed by the Postal Service to reduce operating costs by $20 billion by 2015 and return the organization to profitability.
Thursday, February 09, 2012
The first quarter of the fiscal year 2012 continued where fiscal year 2011 ended for the United States Postal Service—with a significant loss.
Wednesday, November 16, 2011
Financial issues for the United States Postal Service (USPS) remain front and center, with this week’s announcement that for Fiscal Year 20111 the USPS had a net loss of $5.1 billion.
Friday, April 22, 2011
The United States Postal Service (USPS) announced this week it has introduced a new regional ground service for commercial shippers looking for an “economical solution for delivery of small packages.
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Friday, August 13, 2010
UPS has rolled out a new consumer-to-business returns service, representing a step forward in reverse logistics.