USPS Reports Net Income Loss of $221 Million For October 2009

Posted on by Lu

The U.S. Postal Service filed its October 2009 (unaudited) preliminary financial report today with the Postal Regulatory Commission. USPS reported a net income loss of $221 million. Mail volume was down across all classes with an overall total decrease of 17.3%. The Postal Service continues to reduce its workhours with reduction of 10.0%. see full report: http://prc.gov/prc-docs/home/whatsnew/Copy%20Oct%2009_PRC%20-October_346.pdf

One thought on “USPS Reports Net Income Loss of $221 Million For October 2009”

  1. WOW! Maybe a “PROFITABLE” year; at this rate, only a loss of just under $3 billion…..looks like another
    bonus for Potter….LOL

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