USPS Reports $764 Million Loss for July

The U.S. Postal Service reported a net loss of $764 million for July on revenue of $5.3 billion, according to preliminary reports filed with the Postal Regulatory Commission.

The USPS also reported mail revenue of $4.7 billion and volume of 13.7 billion pieces during the month.

Standard mail revenue was $1.4 billion and volume was nearly 6.7 billion pieces in July.

These results are consistent with the USPS