Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag USPS reports a $9.5 billion loss in 2024, despite revenue growth from higher postage rates.

flag The U.S. flag Postal Service (USPS) reported a $9.5 billion loss for fiscal year 2024, up from $6.5 billion in 2023, despite a slight revenue increase following postage rate hikes. flag The loss was partly due to non-cash expenses for worker compensation. flag Revenue from shipping and packages grew, but mail volume declined by 3.2%. flag USPS aims to improve financial sustainability through its Delivering for America plan, focusing on cost reduction and modernization.

6 Articles