Consultant’s Insight: USPS reports another loss as UPS takes over USPS air contract
The U.S. Postal Service’s financial losses deepened for the fiscal year that ended Sept. 30 as it continued reducing costs and optimizing its network after announcing a new domestic air cargo partner in April. Total operating revenue was up 1.7% to $79.5 billion, but a net loss of $9.5 billion was up from a net […]
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