US Postal Service Reports $6.5 Billion Net Loss for 2023 Fiscal Year

US Postal Service Reports $6.5 Billion Net Loss for 2023 Fiscal Year
United States Postal Service mail vans lined up at the Waltham, Massachusetts mail handling facility this winter.I previously incorrectly identified these vehicles as Grumman LLVs; this was pointed out to me several months after posting this image. There are two LLVs in this image; one at the end of the line of vehicles facing to the left, and one in the back with square taillights. The majority of these vehicles are Ford FFVs, a more modern delivery vehicle. by Sam LaRussa is licensed under Unsplash unsplash.com
WASHINGTON—The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 and said it will not breakeven next year as first-class mail fell to the lowest volume since 1968. The Postal Service said revenue fell 0.4 percent to $78.2 billion results. U.S. Postmaster General Louis DeJoy said […]
United States Postal Service mail vans lined up at the Waltham, Massachusetts mail handling facility this winter.I previously incorrectly identified these vehicles as Grumman LLVs; this was pointed out to me several months after posting this image. There are two LLVs in this image; one at the end of the line of vehicles facing to the left, and one in the back with square taillights. The majority of these vehicles are Ford FFVs, a more modern delivery vehicle. by Sam LaRussa is licensed under Unsplash unsplash.com

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