USPS Loses Staggering $15.9B for Fiscal Year
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Other details of the yearly results compared to the same period last year include:
• Total mail volume of 159.9 billion pieces compared to 168.3 billion pieces a year ago;
• Operating revenue of $65.2 billion compared to $65.7 billion in 2011;
• Operating expenses of $81.0 billion (including the $11.1 billion expense associated with prefunding retiree health benefits) compared to $70.6 billion the year before.
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