Postal Service sees $381M loss in March

Share this content:

The US Postal Service saw a net loss of $381 million in March, bringing its fiscal-year-to-date net loss to nearly $1.9 billion, according to data filed with the Postal Regulatory Commission.

The agency shipped 15.4 billion pieces of mail in March, a 2% increase over the same period of last year. It has shipped more than 88 billion pieces of mail this year, 6% less than the first six months of its 2009 fiscal year.

The USPS has reported a net loss of $1.9 billion for the six months ending March 31. The organization is on track to lose about $7 billion this fiscal year, which will end September 30.

The USPS ran a net loss of $611 million in February, and saw a January net loss of $592 million.

The Postal Service ran a net loss of $3.8 billion for its 2009 fiscal year.

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above