USPS issues 2nd Quarter Report on Finances

The U.S. Postal Service reported controllable income for the first quarter 2018 (October 1, 2017 – December 31, 2017) of $353 million, compared to controllable income of $522 million for the same period last year. This decrease was largely driven by volume declines in First-Class and Marketing Mail, higher normal cost of retiree health benefits…