The US Postal Service released its April 2020 financials to the Postal Regulatory Commission on May 26th. Below are some highlights. For the full report, click here.
- Marketing Mail volume fell 45% compared to SPLY; Marketing Mail revenue fell 45.7% vs. SPLY.
- Total market dominant products fell 29.4% (volume) and 22.4% (revenue).
- Shipping and Package Services increased 29.4% (volume) and 22.4% (revenue).
- Total USPS revenue fell 3.8% vs. SPLY
- Total USPS volume fell 27.2%