USPS had a net loss of $82 million for the quarter, down significantly from a net loss of around $4.5 billion a year ago at this time, with the USPS saying that a pandemic surge in demand did not offset increased operating costs and a decline in mail services revenue, its largest category. And total quarterly revenue—at around $18.9 billion—headed up roughly 1.1%, or 6%, annually.
Source: logistics Mgmt
Financial issues remain, but USPS shows improved fiscal second quarter results
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