• About
    • Mission
    • Biographical Information
    • Contact Us
  • Defense
  • Energy
  • Logistics
  • Innovation
  • In the News
  • Follow
  • Like
  • Linkedin
  • Youtube
February 23, 2009February 3, 2015Lexington Institute

← Back
← Previous Post
Next Post →

Postal TrendWatch — Q1 2009

February 23, 2009February 3, 2015Lexington Institute

The U.S. Postal Service (USPS) posted a net loss of $384 million in the first quarter of fiscal year 2009. Revenue was down by 6.3 percent — or $1.3 billion – – compared to the same quarter last year. This comes on the heels of a $2.8 billion loss for FY2008. Mail volume decreased by 5.2 billion pieces, marking the eighth consecutive quarter of decline. Workhours decreased by 7.5 percent, which helped operating expenses fall to $19.5 billion — a 1.1 percent decrease when compared to the first quarter of FY 2008. Lower energy prices were also a factor in the decrease in operating expenses.

Click here to download full article as PDF.

Print | PDF | EMail

Find Archived Articles:

This entry was posted in Logistics. Bookmark the permalink.
Sign Up For
LexNext Emails
1600 Wilson Boulevard - Suite 203
Arlington, VA 22209 USA
Phone: 703.522.5828
Fax: 703.522.5837
© 2023 Lexington Institute

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.