Skip to main content

USPS reports $1.3 billion fiscal first quarter loss

The United States Postal Service (USPS) reported earlier today that, for the Fiscal Year (FY) 2022 first quarter, it had an adjusted loss of roughly $1.3 billion, much steeper than the $288 million adjusted loss it saw, for the same quarter last year. And USPS said that on a “generally accepted accounting principles basis, the USPS had a net loss of around $1.5 billion for the quarter, compared to $318 million in net income a year ago.

source https://www.supplychain247.com/article/usps_reports_1.3_billion_fiscal_first_quarter_loss

Comments

Popular posts from this blog

The Benefits of Lithium-ion Batteries to a Lift Truck Fleet Operation

In this podcast, group editorial director Michael Levans is joined Robin Schneider, PhD, director of marketing at Green Cubes Technology. source https://www.supplychain247.comhttps://www.supplychain247.com/article/the_benefits_of_lithium_ion_batteries_to_a_lift_truck_fleet_operation

How Modern Logistics Companies Turn COVID Chaos into Long-Term Business Efficiency

COVID persists and supply chain operations are not expected to break from the current mode of remote workforce operations, however, smart operators are creating new opportunities by adopting forward-looking TMS solutions. source https://www.supplychain247.comhttps://www.supplychain247.com/article/logistics_companies_turn_covid_chaos_into_long_term_business_efficiency