Wednesday, March 23

USPS Releases February Financial Results.

Net income for the month was $12.2 million. Revenue was up 0.1% compared to February 2004, while expenses were up 2.7%. First class mail volume declined 2.4% compared to SPLY, while Standard increased 4.1%. There was slightly more Standard Mail in the system (at $0.19 a piece revenue) than First Class (at $0.37 a piece).
USPS web site
click here for the Excel version of the report