For the first time in more than four years, the U.S. Postal Service reported a profit last quarter.
Driven by interest-rate changes, a temporary hike in postal rates, and a record number of holiday packages, the $307-million net income in the first three months of Fiscal Year 2016 was cheered by unions—and more tepidly by postal officials.
This item is available in full to subscribers.
We have recently launched a new and improved website. To continue reading, you will need to either log into your subscriber account, or purchase a new subscription.
If you have an active digital subscription, then you already have an account here. Just reset your password, if you've not yet logged in to your account on this new site.
If you are a current print-only subscriber, and want access to our website,click here to view your options for changing you subscription level.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
