Daily Archives: November 13, 2018

Postal Service reported operating revenue of $70.6 billion for fiscal year 2018 (October 1, 2017 - September 30, 2018), an increase of $1.0 billion compared to the prior year. The Postal Service subsequently reduced its debt by $1.8 billion, finishing the year with $13.2 billion in debt outstanding. "Making the pre-funding payments in full or in part would have left the Postal Service with insufficient liquidity to ensure the continued achievement of our mission." Postal Service media resources,

Postal Service Reports Fiscal Year 2018 ResultsOverall volume decline of 3.2 billion piecesNet loss of $3.9 billionUrgent need to advance legislative and regulatory reforms, along with continued aggressive postal management actions to generate new revenue and control costsWASHINGTON - The U.S. Postal Service reported operating revenue of $70.6 billion for fiscal year 2018 (October 1, 2017 - September 30, 2018), an increase of $1.0 billion compared to the prior year. The Postal Service subsequent