USPS Top Compensated Execs list excludes Deputy PMG

On Friday, December 5, 2014, the Board of Governors approved USPS’s Annual Report  (10k) Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 for the fiscal year ending September 30, 2014.  The report was initially delayed to the USPS hacking incident. The report is also approximately 20-30 pages shorter than […]

USPS Annual Report shows losses, rising revenues

USPS finances improved this year, but not enough to offset $5 billion in losses, according to the Postal Service’s 2013 Annual Report to Congress. Despite “challenging marketplace conditions and an inflexible business model,” USPS reported revenues increased nearly $800 million in 2013. Expenses were reduced by $900 million, while enhanced Priority Mail offerings helped the […]