Executive Summary The U.S. Postal Service (USPS) lost $754 million in Q1 FY 2015 despite an increase in revenue. The loss is more than double the agency's $354 million deficit in Q1 FY 2014. However, it is significantly better than the $1.3 billion loss posted in the same period two years...
The United States Postal Service (USPS) is one of the oldest and most revered institutions in the U.S. government. Despite this storied past, USPS now faces substantial financial challenges and threats to its survival, including unfavorable economic conditions, an evolving business environment, and declining mail volumes and revenue. And to...
Early in 2015, the U.S. Postal Service will welcome a new chief executive -- Megan Brennan, the first female postmaster general in the agency's 200-plus-year history. She'll have her work cut out for her. The agency, thanks to its badly broken business model, is losing money at a calamitous pace. This...
The mission of the U.S. Postal Service (USPS) is to provide the American public with trusted, affordable, universal mail service. In order to ensure sufficient revenues to meet its obligations, the USPS was granted a monopoly on the delivery of letters and sole access to customer delivery boxes. Click here to...
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