USPS Reports FY 2020 Results
The COVID pandemic continues to affect USPS results in both revenue and expenses. While Operating Revenue showed an increased of nearly $2 billion to $73.1 billion over 2019, OperatinSPExpenses for the year increased by $2.3 billion or 2.9% to $82.2 billion. Net loss for 2020 was $9.2 billion, an increase of $363 million over the…