Year: 2024

Louis DeJoy: Our results this quarter demonstrated positive trends regarding improved revenue generation and cost control

The U.S. Postal Service has announced its financial results for the second quarter of fiscal year 2024 (Jan. 1, 2024 – Mar. 31, 2024). The net loss for the quarter under generally accepted accounting principles (GAAP) totalled $1.5 billion, compared to a net loss of $2.5 billion for the same quarter last year.

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UPS Executive VP steps down

UPS has announced  that Brian Newman, executive vice president and chief financial officer, will leave the company on June 1. UPS will evaluate internal and external CFO candidates to identify Newman’s successor.

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Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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