USPS Net Income, Standard Mail Volume Rise

Share this content:
The U.S. Postal Service generated net income of $1.8 billion in the Oct. 1-Feb. 28 period, which was $1.1 million over budget, the agency said yesterday.


Also, revenue totaled $29.9 billion, which was $808.5 million better than planned, and was up 1.8 percent from the year-ago period. Expenses of $28.1 billion were $252.9 million under plan, but up 3.5 percent from the year-ago period.


Total year-to-date mail volume of 90.2 billion pieces increased 3.3 percent from the year-ago period. The most significant volume increase was in Standard Mail, which jumped 6.9 percent. The category with the next-largest increase was Priority Mail, up 2.7 percent.


Other categories producing volume increases in the period included Express Mail (0.7 percent), First-Class (0.3 percent) and International (0.1 percent).


Package Service and Periodicals declined 1 percent and 0.6 percent, respectively.


close

Next Article in Direct Mail

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