US Postal Service records whopping $6.5 billion net loss for 2023

US Postal Service records whopping $6.5 billion net loss for 2023

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The United States Postal Service (USPS) on Tuesday reported a $6.5 billion net loss for fiscal year 2023 despite initially aiming to break even. The Postal Service said operating revenue fell $321 million, or 0.4%, to $78.2 billion compared to the same period last year, as first-class mail fell to…

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