USPS sees quarterly fiscal Q3 loss but is hopeful about its 10-year plan

USPS had a quarterly net loss of $3.0 billion, steeper than a $2.2 billion loss for the same quarter a year ago, with this year’s net loss reflecting revaluations and the effects of non-cash workers’ compensation adjustments. While it had another quarter of net losses, total quarterly operating revenue—at roughly $18.5 billion—was up $845 million, or 4.8%, annually.
Source: logistics Mgmt