PRC Releases Report Analyzing Postal Service’s FY 2023 Finances

June 17, 2024 Washington, DC – The Postal Regulatory Commission released today its Financial Analysis report for Fiscal Year (FY) 2023. The in-depth analysis of the Postal Service’s financial performance concluded that the organization’s overall financial condition continues to worsen. In FY 2023, the Postal Service recorded a net operating loss of $2.3 billion — an…

 Continue reading

USPS Maintains High Service Performance During Busiest Week of the Year

Dec. 23, 2022 WASHINGTON — The United States Postal Service reported new delivery performance metrics for the 11th week of the first quarter for fiscal year 2023. The average time to deliver a mailpiece or package across the postal network was 2.5 days for the eighth consecutive week even as mailing and shipping traffic increased….

 Continue reading