Fed News Network: The Postal Service is starting fiscal 2026 with more red ink. USPS said it ended October with a $545 million net loss. That’s more than double the net loss it projected for the month. USPS ended fiscal 2025 with a $9 billion net loss. The agency is heading into its busy peak season, which is also when it brings in the most revenue.
(USPS preliminary financial information – USPS)
Saturday delivery of mail needs to end. Go ahead and deliver the parcels but the rest is unnecessary. The USPS has made multiple attempts to spread their volume out instead of making Monday crunch day, all without success. This time they’ll have to.