Postal Service’s $15.9-Billion Loss Highlights Urgent Need for Legislative Reform
The Postal Service’s revenue over the first six weeks of fiscal 2013 is benefiting from the start of the holiday mailing season and political and election mail from the just completed general election season.
Complete financial results are available in the Form 10-K.
About USPS
A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation—151 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations. With 32,000 retail locations and the most frequently visited website in the federal government, usps.com, the Postal Service has annual revenue of more than $65 billion and delivers nearly 40 percent of the world’s mail.
