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US Postal Service reports $6.5 billion net loss for 2023 fiscal year
Reuters via Yahoo News· 6 months agoThe U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept....
Postal Service posts massive net loss in FY ’23
FreightWaves via Yahoo Finance· 6 months agoThe agency is poised to discount rates on shorter-haul parcel services. The post Postal Service posts massive net loss in FY ’23 appeared first on...
Postal Service loss widens in fiscal 3rd quarter
FreightWaves via Yahoo Finance· 10 months agoThe U.S. Postal Service’s non-GAAP loss nearly doubled year over year, while shipping volume was down slightly and revenue was flat. The post Postal...
The US Postal Service lost $6.5 billion last year. It predicted it would break even
CNN Business via Yahoo Finance· 6 months agoThe US Postal Service lost $6.5 billion in its just-completed fiscal year, delivering a blow to the...
USPS to Cut $5 Billion in Spending to ‘Avoid Running Out of Cash’
Sourcing Journal via Yahoo News· 4 months agoOn the heels of a $6.5 billion net loss in 2023, the United States Postal Service (USPS) is taking...
U.S. Postal Service loses $6.5B in 2023 fiscal year
United Press International via Yahoo News· 6 months agoThe U.S. Postal Service took a major step backward Wednesday after USPS leaders announced a $6.5 billion loss in fiscal year 2023, falling far short of...
Mail freeze: Latest frigid weather is adding to the postal service's delivery woes
USA TODAY via Yahoo News· 4 months agoA bombardment of deadly storms that halted mail deliveries across the United States is the latest...
Citizens concerned about mail services leaving Corpus Christi amid postal facility upgrade
Corpus Christi Caller-Times via Yahoo News· 1 month agoThe U.S. Postal Service announced a decision on April 9 to modernize the Corpus Christi Processing...
US Postal Service second-quarter net loss narrows to $1.5 billion
Reuters via Yahoo Finance· 3 weeks agoMay 9 (Reuters) - The United States Postal Service on Thursday reported a net loss of $1.5 billion for the second quarter ended March 31, compared to a net loss of $2.5 billion a year ago. (Reporting by Ananta agarwal; Editing by Pooja Desai)
US Postal Service seeks to hike stamp prices to 73 cents
Reuters via Yahoo Finance· 2 months agoWASHINGTON (Reuters) -The United States Postal Service (USPS) said on Tuesday it wants to raise the...