Wednesday, November 30, 2011

US Postal Service numbers, volume, dollars, decreases, loses

Loses for fiscal 2011 = $5.1 billion
Loses for fiscal 2010 = $8.5 billion
Loses for past 4 years = $20 billion
Mail volume decrease = 3 billion pieces to 168 billion total
Mail volume decrease over past 5 years = 20%
Employees = 653,000 (nation's 2nd largest behind Wal-Mart)
Labor costs as % of total costs = 80%  (UPS 53%, FedEx 32%)