USPS Year-to-Date Net Income Over Budget, Mail Volume Up

Share this content:
With one month left to report for the fiscal year that ended Sept. 30, the U.S. Postal Service yesterday announced net income of $2.8 billion, or $656.6 million over budget, for Oct. 1, 2003, to Aug. 31, 2004.


USPS fiscal and operating statements showed that revenue totaled $63.1 billion, 0.2 percent less than planned. Expenses of $60.3 billion were 1.3 percent under the planned budget, but up 2.1 percent versus the year-ago period.


Total year-to-date mail volume of 188.3 billion pieces increased 1.7 percent from a year ago. Standard and International mail grew 5.6 percent and 4.0 percent, respectively. But most classes saw declines. Express Mail fell 3.2 percent; Periodicals, 3.1 percent; Priority Mail, 1.8 percent; First-Class, 1.4 percent; and Package Services, 0.8 percent.


close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

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