![\"1a-fredric-rolando\"](\"https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2014\/04\/1a-fredric-rolando.gif\")
<\/a><\/p>\nThe relatively small operating loss of $197 million for the third quarter isn\u2019t unexpected\u2014the third quarter is typically the slowest\u2014but it doesn\u2019t change the fact that 2015 is turning into one of the USPS\u2019 most impressive annual performances since the Great Recession. Moreover, this reflects the positive trend in operating profits that began in 2013 and that includes last year\u2019s $1.4 billion operating profit.<\/p>\n
USPS officials said they expect \u201cpositive controllable income for the fiscal year.\u201d<\/p>\n
The operating profits stem from structural factors and thus augur well for the future. Revenue is growing as an improving economy leads to stabilized letter revenue and as rising online shopping produces skyrocketing package revenue. Letter revenue fell 2.2 percent for the quarter, while package revenue rose a striking 10.6 percent.<\/p>\n
This three-year trend in operating profitability makes clear the need to strengthen \u2013 not degrade \u2013 the now-profitable networks. We hope to work with lawmakers on both sides of the aisle, the administration and the postmaster general to build on the progress achieved in the last Congress, within the mailing industry and among major stakeholders on consensus postal reform that promotes a strong and vibrant Postal Service.<\/p>\n
The Postal Service enjoys widespread support from the public and lawmakers. Based in the Constitution, it provides Americans with the world\u2019s most affordable delivery network without taxpayer money and long has been the most trusted government agency.<\/p>\n","protected":false},"excerpt":{"rendered":"
NALC President Fredric Rolando statement on USPS quarterly report From Fredric Rolando, president of the National Association of Letter Carriers: Today\u2019s results show the impressive Postal Service financial turnaround continuing in full force. After three quarters, the operating profit for 2015 stands at $1.2 billion, compared to $1 billion for the first three quarters of […]<\/p>\n","protected":false},"author":1,"featured_media":7347,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,20],"tags":[],"class_list":["post-11973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-nalc-news","last_archivepost"],"_links":{"self":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/11973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/comments?post=11973"}],"version-history":[{"count":3,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/11973\/revisions"}],"predecessor-version":[{"id":11976,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/11973\/revisions\/11976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/media\/7347"}],"wp:attachment":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/media?parent=11973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/categories?post=11973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/tags?post=11973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}