mail volume

May 19th

USPS Mail Volume Continues To Decline

CFO CORBETT REPORTS ON SECOND QUARTER FINANCIAL PERFORMANCE Despite a year-to-date (YTD) reduction of 16 million workhours compared to last year, the Postal Service experienced operating costs $100 million above plan in quarter 2 (Jan. 1 to March 31) — ending the quarter with a YTD net loss of $2.6 billion. Total mail volume in […]

Sep 29th

OIG: The Postal Service Can Survive at Lower Levels Of Mail Volume

The Office of Inspector General asked George Mason University School of Public Policy (GMU) to look at the financial sustainability of the Postal Service at lower levels of mail volume. Here are excerpts from the report: Annual mail volume peaked in 2006 at 213 billion pieces. Since then, the number of mail pieces has declined […]