Home / Post Office / Post office swings to loss as continued declines in mail volumes weigh on revenue – MarketWatch

Post office swings to loss as continued declines in mail volumes weigh on revenue – MarketWatch

Post office swings to loss as continued declines in mail volumes weigh on revenue
MarketWatch
The U.S. Postal Service reported Friday that it swung to a first-fiscal-quarter net loss of $540 million, compared with a profit of $1.44 billion a year ago, as operating expenses increased 11%. Controllable income, which excludes items outside of

More: continued here

About admin

Check Also

Police investigate bomb threats phoned in against Post Offices in … – KVAL

KVAL Police investigate bomb threats phoned in against Post Offices in …KVALSPRINGFIELD, Ore. – Police …

Leave a Reply

Your email address will not be published. Required fields are marked *