U.S. Postal Service Loss Widens to $2.2 Billion
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A number of new marketing initiatives have been introduced that may help to improve revenue growth in 2011, including expansion of simplified addressing for business mailers, Every Door Direct Mail, Priority Mail Regional Rate Boxes, and Reply Rides Free. In January 2011, new Shipping Services prices increased an average of 3.6 percent. New Mailing Services prices that are limited to the Consumer Price Index cap of 1.7 percent took effect April 17, after the close of the second quarter. While new marketing initiatives and price increases may improve revenue growth, electronic diversion will continue to cause reductions in First-Class Mail.
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