USPS Reports FY 2016 Second Quarter Results – Operating Profit $1.8 billion without prefunding

Operating revenue grew 4.7 percent to $17.7 billion Controllable income totaled $576 million; net loss of $2.0 billion reported Postal Service revenue benefited from exigent surcharge, which expired on April 10, 2016 Legislative reform and focus on innovation and efficiency remain necessary  WASHINGTON — The U.S. Postal Service reported operating revenue of $17.7 billion for […]

PRC: Analysis of USPS’s FY 2014 Program Performance Report and FY 2015 Performance Plan

July 7, 2015 Washington, DC – In a report issued today, the Postal Regulatory Commission examines the Postal Service’s fiscal year 2014 program performance report and fiscal year 2015 performance plan. The Commission is mandated by statute to review the Postal Service’s goals and make findings as to whether the Postal Service has met those […]