Friday, May 10, 2024

USPS reports second-quarter financial results

"...Total volume was 28 billion pieces, down 2.1 percent compared with the same quarter the previous fiscal year. Shipping and packages volume increased 1.5 percent, while First-Class Mail volume declined 2.2 percent and Marketing Mail volume declined 2 percent.

• Expenses. Total operating expenses were $21.3 billion for the quarter, a decrease of 3.1 percent compared with the same quarter one year earlier, reflecting the Postal Service’s cost control efforts over transportation expenses and work hours...."    


This Article is From: usps.com


Read our latest posts!