USPS Starts Fiscal Year with a Bang, Domestic Mail Volume Up Nearly 7 Percent for October

The U.S. Postal Service revealed yesterday it had a bang-up October, with domestic mail volume up nearly 7 percent over the same month last year, rather than the 2 percent decrease USPS was expecting.

The beleaguered agency had "controllable operating income" of $647 million in the first month of Fiscal Year 2015, more than double what it budgeted or what it earned last October.

Major mail categories with significant revenue increases over October 2013 included "Permit Imprint Nonprofit Standard", Parcel Select, "Permit Imprint Regular Standard", and "Permit Imprint First-Class, according to an in-depth financial report also released today.