USPS sees $382M net loss in April

Share this content:

The US Postal Service saw a net loss of $382 million in April, bringing its seven-month total net loss for its 2010 fiscal year to $2.26 billion.

The financial results are a slight improvement from its 2009 fiscal year, when the agency saw a net loss of $385 million in April and $2.67 billion in the first seven months of its fiscal year, according to preliminary financial information filed with the Postal Regulatory Commission. USPS executives have predicted a $7 billion net loss for this fiscal year, which runs through September 30.

The financially struggling USPS saw net losses of $381 million in March, and $611 million in February, respectively. The Postal Service ran a net loss of $3.8 billion for its 2009 fiscal year.l

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

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