USPS Finance News: 2017 Year-End Results Reported

  • 0

USPS Finance News: 2017 Year-End Results Reported

fl direct mail blog image


November 14, 2017

USPS Finances:  2017 Year-End Results Reported

“The U.S. Postal Service reported revenue of $69.6 billion for fiscal year 2017 (October 1, 2016 – September 30, 2017), a decrease of $1.8 billion compared to the prior year. The lower revenues were driven largely by accelerated declines in First-Class and Marketing Mail volumes.

“Our financial situation is serious, though solvable,” said Postmaster General and CEO Megan J. Brennan. “There is a path to profitability and long-term financial stability. We are taking actions to control costs and compete effectively for revenues in addition to legislative and regulatory reform. We continue to optimize our network, enhance our products and services, and invest to better serve the American public.”

Brennan stressed that the path forward for a financially stable future must also include urgent actions needed outside of the Postal Service’s control. They include advancement and passage of the postal reform provisions contained in H.R. 756 in the 115th Congress and the adoption by the Postal Regulatory Commission of a new pricing system as part of its 10-year pricing review, enabling the Postal Service to generate sufficient revenues to cover our costs.
CLICK HERE for the complete financial report.”

Quoted from USPS.COM

 

usps news for direct mail

 

Interesting info? Share it!

Your PrimeNet Team

CBarnhisel
Catherine Barnhisel
Owner/President


jflick
Jack Flick
Data
Services

ptucker
Pat Tucker
Production
Services

/* --------------------new col2---------------------*/
SKohler
Scott Kohler
Business
Development

adunn Amanda Dunn
Creative Services
& Marketing

RMichaels
Ronda Michaels
Production
Services

/* --------------------new col3---------------------*/
bpaulsen
Becky Paulsen
Account
Services

jfleming
Julie Fleming
Technical
Services

bkoepp
Bill Koepp
IT Support
Services


In Memory of Mark Keefe

mkeefe


July 18, 1959 - March 15, 2018

Friend, mentor and leader whose legacy will be remembered. Time will never erase the work you have accomplished here or the positive impact you have had on our lives.

Checking...

Ouch! There was a server error.
Retry »

Sending message...

Contact PrimeNet

Fill in the form below and we will be in touch soon.

Are you human?

9 - 8 =

Want Email News & Offers?

Direct mail FL, MN SignUp