US Postal Service reports falling losses, revenue up
By Sophie Brams
Published on May 9, 2026.
The United States Postal Service (USPS) reported a net loss of $2 billion for the second quarter of fiscal 2026, despite higher revenues and a decrease in some operating costs. The agency reported $20.2 billion in total operating revenue for the quarter ending on March 31, a 2.3 percent increase compared to the same three-month period last year. The revenue increase was largely driven by price increases for shipping and packages and other specialty mail services, but overall mail volumes decreased by 3.4 percent. USPS has operated at a loss every year since 2007 and officials have warned it could exhaust all of its cash by February 2027. The service needs Congress to raise its decades-old $15 million borrowing cap to $34.5 billion to stay afloat.
Read Original Article