Following the November 13-14 meeting of the Postal Service’s Board of Governors, the agency announced a loss of $8.98 billion for Fiscal Year 2025, less than the $9.5 billion loss in FY 2024, but also much less than the $2.1 billion surplus forecast in former PMG Louis DeJoy’s 10-Year Plan. Revenue and volume Total revenue for the year increased 1.15%…
Read MoreMonth: November 2025
The True Cost of Saving
Although there’s no transcript of a conversation, later events suggest that, at some point early in his tenure, former postmaster general Louis DeJoy asked why there were uniformed police circulating around USPS HQ. Many companies have security guards, usually sourced from any of a variety of private companies, so it might have seemed curious to DeJoy that the Postal Service…
Read More
