USPS Losses Continue, Default on Federal Payments Looming
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Mailing Services results in the third quarter include:
- First-Class Mail revenue of $7.8 billion, on volume of 17.7 billion pieces;
- Standard Mail revenue of $4.2 billion, on volume of 19.8 billion pieces;
- Periodicals revenue of $454 million, on volume of 1.8 billion pieces; and
- Package Services revenue of $354 million, on volume of 143 million pieces.
Shipping Services revenue of $2.2 billion represents an increase of $150 million or 7.3 percent compared to the same period a year ago. Shipping Services volume of 359 million pieces represented a 5.9 percent increase compared to the same period a year earlier.
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