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US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 and said it will not breakeven next year as first-class mail fell to the lowest volume since 1968. The Postal Service said revenue fell 0.4% to $78.2 billion results. U.S. […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 and said it will not breakeven next year as first-class mail fell to the lowest volume since 1968. The Postal Service said revenue fell 0.4% to $78.2 billion results. U.S. […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 and said it will not breakeven next year as first-class mail fell to the lowest volume since 1968. The Postal Service said revenue fell 0.4% to $78.2 billion results. U.S. […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as first-class mail fell to the lowest volume since 1968. The Postal Service said results were significantly affected by the impact of inflation […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as first-class mail fell to the lowest volume since 1968. The Postal Service said results were significantly affected by the impact of inflation […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as first-class mail fell to the lowest volume since 1968. The Postal Service said results were significantly affected by the impact of inflation […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as first-class mail fell to the lowest volume since 1968. The Postal Service said results were significantly affected by the impact of inflation […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
By David Shepardson WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as first-class mail fell to the lowest volume since 1968. The Postal Service said results were significantly affected by the impact of inflation […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as mail volumes continued to fall. The Postal Service, which has been aggressively hiking stamp prices and is in the middle of a 10-year restructuring plan, […]
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as mail volumes continued to fall. The Postal Service, which has been aggressively hiking stamp prices and is in the middle of a 10-year restructuring plan, […]
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