The Postal Service has secured more direct customer contracts as volume for services used by package consolidators wanes.
The Postal Regulatory Commission warned in an advisory opinion last Friday that the next wave of changes under its 10-year Delivering for America plan would slow mail for a “significant portion of the ...
WASHINGTON, Feb. 6, 2025 /PRNewswire/ -- The U.S. Postal Service today announced its financial results for the first quarter of fiscal year 2025 (Oct. 1, 2024 - Dec. 31, 2024). Controllable income ...
The profitable first quarter of fiscal 2025—from Oct.1 through Dec. 31—marks a stark departure from the same period in fiscal 2024, when USPS lost $2 billion. “Our future is bright,” DeJ ...
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There’s little evidence mail service has improved in Minnesota as holidays approachThe quarterly performance reports for the USPS Minnesota-North Dakota District show mail is being delivered on time less often than a year ago and is behind national averages. Meanwhile ...
Operating revenue, at $22.499 billion, increased 4.1%, annually, paced by what the USPS called strategic price increases, as well as a strong political and election mailing season. Net income, at $144 ...
In the fourth quarter alone, Postal Realty acquired 63 additional USPS properties for $30.7 million. The company has bolstered its financial standing by locking in a fixed interest rate on most of ...
Net income for the quarter was $144 million due in substantial ... This combination of factors demonstrates that the Postal Service is making strides toward financial sustainability and that ...
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