USPS reports end of fiscal year results
The resulting net loss for the fiscal year was $5.1 billion, a reduction of $448 million compared to the net loss of $5.5 billion for 2014. Postal Service reported a net loss of $5.1 billion for fiscal year 2015 (October 1, 2014 - September 30, 2015). The net loss is largely due to certain statutorily mandated payments over which the Postal Service has no control. For reporters interested in speaking with a regional Postal Service public relations professional, please go to about.usps.com/news/media-contacts/usps-local-media-contacts.pdf. Net Loss of $5.1 Billion; Controllable Income of $1.2 BillionRevenue of $68.9 Billion for Fiscal Year 2015, Up 1.6 percentShipping and Packages Services Revenues Up 11.4 percentWASHINGTON — The U.S.