• About
    • Mission
    • Biographical Information
    • Contact Us
  • Defense
  • Energy
  • Logistics
  • Innovation
  • In the News
  • Follow
  • Like
  • Linkedin
  • Youtube
December 1, 2009February 3, 2015Lexington Institute

← Back
← Previous Post
Next Post →

Postal TrendWatch — Q4 2009

December 1, 2009February 3, 2015Lexington Institute

The United States Postal Service (USPS) concluded FY 2009 with a $3.8-billion loss and a total cumulative debt of $10.2 billion. This was its third consecutive year of multibillion-dollar losses. The loss would have been even bigger had Congress not intervened to permit USPS to delay $4 billion in required payments to its retiree health-benefits fund. Both revenue and mail volume declined in 2009 compared to 2008.

At the dawn of FY 2010, USPS is considering closures of under-utilized facilities and is proceeding with the full-scale rollout of its Flats Sequencing System to automate the processing of flat mail. The Service is also petitioning Congress for the right to cut delivery to five days a week and to offer non-postal products.

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
© 2022 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.