U.S. Postal Service Losses Mount, Warns of Potential for Defaults

Mailing Services results include:

• First-Class Mail revenue of $8.8 billion, on volume of 20 billion pieces;

• Standard Mail revenue of $5 billion, on volume of 23.8 billion pieces;

• Periodicals revenue of $480 million, on volume of 1.8 billion pieces; and

• Package Services revenue of $431 million, on volume of 186 million pieces.