USPS Revenue Continues To Grow

GOOD NEWS – USPS REVENUE CONTINUES TO GROW
USPS News Link

The Postal Service’s revenue from marketing mail, shipping services and international shipping products continues to grow says Paul Vogel, president and chief Marketing/Sales officer in his latest “Growth and Revenue” video.

Compared to last year, marketing mail revenue is up 2.1 percent. Revenue from shipping services is up 5.4 percent and international sales have grown by 8 percent. “Anytime you’re growing — it’s good news,” says Vogel.

Vogel also discusses products the Postal Service is highlighting during “Grow Your Business Days” (GYBD) events held at retail offices across the country to promote USPS and identify new revenue.

In the coming months, GYBD events will highlight the benefits of shipping internationally with the Postal Service and will continue to focus on Every Door Direct Mail (EDDM), which Vogel says “has been a real success story.” EDDM has generated about $82 million in revenue since its launch last April.

“That’s proof that when we make it simple to mail, our customers will do business with us,” says Vogel. “We have high expectations for this product into 2012 — and that’s why we want to continue the EDDM focus.”

Vogel says USPS has equally high expectations for its international shipping products. Revenue from USPS international products increased each quarter last year.

“That’s why for Quarter I, the GYBD focus is growing globally,” says Vogel.

10 Responses to "USPS Revenue Continues To Grow"

  1. Post office should go all flat rate for parcels. Make all small parcel containers accessible to mailboxes. Have 5 day delivery for mail, but a 6th day for packages. Suckas

  2. H.R.1351
    Latest Title: United States Postal Service Pension Obligation Recalculation and Restoration Act of 2011
    Sponsor: Rep Lynch, Stephen F. [MA-9] (introduced 4/4/2011) Cosponsors (226)
    Related Bills:H.R.3174, S.1649, S.1688
    Latest Major Action: 4/8/2011 Referred to House subcommittee. Status: Referred to the Subcommittee on Federal Workforce, U.S. Postal Service, and Labor Policy

    The bill currently has 226 cosponsors — over half the house (432 total reps in 112th Congress), yet Rep. Darrell Issa (R-CA), Chairman of the House Oversight and Government Reform Committee, is withholding action on it while advocating his own bill, H.R 2309, which would destroy the Postal Service as we know it.

    Issa and his followers on committee won’t allow a vote on it!

  3. Where do you work? I work at a large P&DC with a retail window and business here has picked up big time. The parcel /package business is very impressive especially since the USPS has become the preferred shipper of many on-line shopping sites with the new package pricing. Our facility is now using staging areas again that were being used for m/t equipment recently. Maybe they have re-routed your facilities mail to another site for expediting. Believe it or not they have suddenly had to work overtime on the run tours and the aisle are full again.

  4. It is a lie I do’nt see lines in any post office I don’t see priority or first class mail in any post office for the last 4 weeks the mail has been drastically down what are they talking about revenue is up. Total lie

  5. There is no financial problem! There are 2 organizations within the US government allowed to print money. The US Treasury, and the USPS. We print stamps; a form of currency, that give a promise of delivery. If we want to solve this problem, just print 10 trillion in stamps & send them to congress. I’m sure the stamps will be a better deal than the ‘I-Owe-Yous’ congress has given to Social Security. If the Treasury over prints the currency we have inflation. If the USPS prints too many stamps, we just have unused promises of delivery!

  6. .. .. .. Not to mention that Obama has extended the required payment to retiree health benefits overpayment which should set the USPS up good financially. If the USPS starts to build on it’s revenue, they will have to settle all contracts with it’s unions. It’s going to be interesting to see what I$$a says when the “cash-flow” problem disappears ~

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