PRC Releases Report Analyzing Postal Service’s FY 2023 Finances

Posted on June 18, 2024 by 21cpw

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…

USPS Reports Second Quarter Fiscal 2020 Results

Posted on May 8, 2020May 8, 2020 by 21cpw

Revenue of $17.8 billion, an increase of $348 million compared to same quarter last year COVID-19 volume and revenue impacts arose late in the quarter; significant financial impacts in the third quarter and beyond are anticipated We thank our employees and continue to prioritize their health and safety as they serve the nation The U.S….