USPS Q3 Loss is $740 Million, Despite Efficiency Efforts

Meanwhile, the Postal Service continues to be successful in taking advantage of e-commerce opportunities to grow its shipping business. Total Shipping and Packages revenue increased 8.8 percent in the third quarter over the same period last year driven by a 22.6 percent increase in revenue for the Parcel category and a 16.4 percent increase in First-Class Packages revenue.