The Federal Eye: postal finances


Posted at 03:22 PM ET, 02/18/2014

Mail customers would accept service cuts to aid USPS

They are especially accommodating if they are aware that the agency does not draw on tax revenue — a study by the USPS inspector general has found.

By Eric Yoder  |  03:22 PM ET, 02/18/2014 |  Permalink  |  Comments ( 0)
Tags:  five-day mail, postal finances, postal reform, Postal Service, six-day mail, USPS

Posted at 03:05 PM ET, 08/13/2013

Postal Service expects only five-day cash reserve in October

USPS officials project a slim cushion to protect the agency in the event of an unexpected downturn.

By Josh Hicks  |  03:05 PM ET, 08/13/2013 |  Permalink  |  Comments ( 0)
Tags:  postal finances

Posted at 03:34 PM ET, 08/09/2013

Postal Service finances improve during third quarter but still show major loss

USPS lost $740 million during the third quarter, showing an improvement over the first half of the year.

By Josh Hicks  |  03:34 PM ET, 08/09/2013 |  Permalink  |  Comments ( 0)
Tags:  postal finances

Posted at 12:02 PM ET, 05/10/2013

U.S. Postal Service posts $1.9 billion loss, despite efficiency efforts

Savings from efficiency measures and increased revenues in some categories of business were not enough to prevent the second quarter USPS loss.

By Eric Yoder and Josh Hicks  |  12:02 PM ET, 05/10/2013 |  Permalink  |  Comments ( 0)
Tags:  postal finances, postal reform, Postal Service