USPS kicks off Q4 2015 with boosts in shipping revenue, employee workhours increase

The U.S. Postal Service started the Fiscal Year 2015 fourth quarter (July 1, 2015 – July 31, 2015) with an operating revenue increase of $66 million, or 1.2 percent, over the same period last year. The increase in operating revenue was driven by a 18.0 percent growth in shipping and package volume. The net income loss for the month of July was $917 million compared to a net loss of $352 million for the same period last year.  The $917 million  net income loss is due to  a retiree health benefit prefunding expense (2006 PAEA).

July 2015 Results of Operations Compared to Same Period Last Year

  • Total mail volume of 12,314,103 billion pieces declined by 176,294 million pieces from the same period last year.
    • Shipping and Package volume increased 18.0 percent, revenue 14.7 percent.
    • First-Class Mail declined by 3.5 percent and Standard Mail volume increased by 0.1 percent , respectively.
  • Operating revenue of $5.6 billion increased by $66 million or 1.2 percent.
  • Operating expenses increased by $32 million or 2.9 percent.

    USPS kicks off Q4 2015 with boosts in shipping revenue, employee workhours increase

    click image for larger view

Personnel Compensation and Benefits increased 3.7 percent (without prefunding) from same time last year
USPS kicks off Q4 2015 with boosts in shipping revenue, employee workhours increase

Workhours increased – Plant closures did not decrease overall workhours for month of July or YTD. Mail Prcessing workhours increased  3.0 percent for month of July and 1.4 percent for same period last year
postal90

Click here to view the complete report (PDF)

8 thoughts on “USPS kicks off Q4 2015 with boosts in shipping revenue, employee workhours increase

  1. 18% increase in volume yet no increase in people. No morale. Evil leaders. Sick leave
    use out of sight. OT OT OT OT. Discipline up. Nobody cares about anything.
    What a great company

  2. 18% increase in package mail which is harder to handle than first class mail. so productivity is up. So why not increase the price of delivery to make up the difference like FedEx and UPS. Operating revenue is up $66 million looks like we might be doing something right.

    • According to the Postal Services 2014 annual report, the average cost of postage for a piece of standard mail is 20 cents. Since small mailers are paying between 30 and 40 cents per letter, that means large mailers may be paying 10 cents or less per letter! These mailers have not had a price increase in 40 years! Standard mail is over half of all mail volume and continues to increase every year.

  3. I have not been on the otdl for several years, but still am forced to work ot, carry splits and even work my ns day

  4. USPS, is determined 2 become mainly a package shipping business and the U.S.Congress or the postal-workers union r doing”diddly-squatt”about it.

  5. Frankly, only a very naive person would take the USPS’ figures as realistic. These people will inflate, deflate or eliminate any numbers that get in the way of their goals, be it bonuses and promotions for phony accomplishments, painting the worst picture possible near contract time with the unions or trying to bullshit Congress and the public at large.
    True service is out the window, with one exception: conscientious carriers and window clerks who, despite management’s continued efforts to thoroughly fuck up everything they put their hands on, still try to do the right thing.
    That won’t last forever. As more carriers retire and management bloats the workforce with more half price employees to deliver mail with almost no real training other than run, run, run, run or get fired before you can get a regular position, the negative emphasis is the worst service the customer has ever seen.
    As a young pup, 30+ years ago, the supervisor who was my boss and thankfully kept me after my 90 days, which, during Christmas season of 1984, was one of the most grueling nerve wracking times in my life, told us that the Postal Service paid quality wages and expected quality work. I started at $10.20 an hour, and I was in high cotton! But I took him at his word: back then, with no internet and a sense of community and responsibility, I felt it very important to be as accurate and reliable as I possibly could be, memorizing customers names, keeping up with COA’s, etc, labeling boxes where new customers had moved in and doing all I could to prevent stupid mistakes.
    I still do that. The mail system is completely different, and the demographics have changed a lot over time. Still, I have a good sized route and will not allow management to tell me that customer service and maintenance is not part of my job. It’s in the M-41, the letter carrier’s manual, and management can’t tell you not to do what’s in it.
    But now? It’s all about DOIS, and nothing else. Office time is treated like the most vital thing ever, and newbies are told not to bother reading pink cards or handling any task other than shoving mail in the case as fast as possible. Then, it’s carry that route and part of another, run like hell, work through lunch, do absolutely no reading of names, pay attention to hold mail or vacant cards and if they screw up with misdeliveries, just keep going no matter what.
    It’s ingrained in them as CCA’s and when they go regular they still act like CCA’s. We are having no luck trying to explain to them that they are their own worst enemy when they complain about lack of hours and the wait it’s taking to go regular. Customers complain, management says “so what”, and does nothing.
    Think your old mailman is bad? You ain’t seen nothin’ yet.

  6. Yeah because we are doing UPS and FedEx work as well as delivering letter mail so of course work hours are going to be up! Sure would like to see these companies do the same!

  7. Duh- clerks at smaller offices working 6 hrs per day when they used to work 2 to 4. Sure hours will increase. Who approved this contract? Rothlmao

Comments are closed.