$71.4 B. Retirement benefits increased by $767 million due to higher charges for the amortization of unfunded benefits and increased retirement contribution rates, which are outside of management's control. Are you interested in testing our corporate solutions? This equates to an increase of $1.6 billion, or 2.3 percent, over last year (See Selected 2016 Results of Operations table below). After reaching a peak of around 213 billion units in 2006, the U.S. USPS revenue declined by $1.8 billion to $69.6 billion for the fiscal year 2017, which runs from October 1, 2016 through September 30, 2017. As a result of the pandemic, and to a lesser extent, secular mail declines, the Postal Service’s volume from mail services, its largest sales category, declined significantly for the full year, as First-Class Mail declined 2.3 billion pieces, or 4.2 percent, and Marketing Mail declined 11.5 billion pieces, or 15.2 percent. The U.S. Operating expenses for the year were $82.2 billion, an increase of $2.3 billion, or 2.9 percent, compared to the prior year. WASHINGTON — The U.S. Statista. The results marked the 13th consecutive year the mailing agency lost money, although USPS did post a slight uptick in revenue to $71.3 billion. The ideal entry-level account for individual users. $70.6 B. USPS reported its market-dominant products accounted for about 58% of its annual revenue in fiscal 2020. The Postal Service’s 2018 Fiscal Year financial report shows the Postal Service’s underlying business strength while also indicating the need to address external matters beyond USPS control. This statistic depicts the operating revenue of the United States Postal Service (USPS) between the fiscal years 2000 and 2020, broken down by segment. Autumn achievements. $67.8 B. Net loss for the year was $9.2 billion, an increase of $363 million compared to 2019. Gear up. All this red ink has flowed despite USPS’s aggressive move [1] into the parcel delivery business. 1 When Congress created the Postal Service to replace the old Post Office Department, it mandated that the new agency support itself through its own revenues, rather than relying on federal appropriations. Revenue generated from Customer Connect leads is counted toward the USPS Power of One campaign to raise revenue through sales leads from employees. Postal Service (USPS) ran a deficit of $3.9 billion. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Postal Service reported operating revenue of $70.6 billion for fiscal year 2018 (October 1, 2017 - September 30, 2018), an increase of $1.0 billion compared to the prior year. Number of cars sold in the U.S. 1951-2019, Gas prices in the United States 1990-2020, Automotive industry worldwide - statistics & facts, Motorcycle Industry in the United States - statistics & facts, Research expert covering aviation, aircraft , rail and train manufacturing and the logistics industry, Profit from additional features with an Employee Account. and over 1 Mio. USPS set a record Dec. 18, when more than 37 million packages were delivered — the most packages delivered during a single day in the organization’s more-than-240-year history. Postal Service reported operating revenue of $71.1 billion for fiscal year 2019 (October 1, 2018 - September 30, 2019), an increase of $514 million compared to the prior year. We appreciate your patience. As described above, the Postal Service's results for the first half of 2020 continued prior-year trends, however the COVID-19 pandemic resulted in significant shifts in demand affecting all service categories in the second half of the year. By the end of the decade, the semi-independent government agency's losses had reached a record $8.5 billion, forcing the Postal Service to consider seeking an increase in its $15 billion debt ceiling or face insolvency. A January 2014 report by the inspector general of the USPS suggested that the agency could earn $8.9 billion per year in revenue by providing financial services, especially in areas where there are no local banks but there is a local post office, and to customers who … The past fiscal year yielded a $1.2 billion operating profit for the U.S. In the most recent quarter, the USPS lost $2.2 billion on $17.6 billion of revenue. 3 One key reason the Postal Service’s revenue hasn’t kept pace with expenses is that it’s delivering a lot less mail than it used to. While the Postal Service's results for the first half of 2020 continued prior-year trends, the COVID-19 pandemic resulted in significant shifts in demand affecting all service categories in the second half of … These five charts depict the immensity of USPS’s financial challenges. “We are likewise committed to addressing our significant financial imbalances - which were exacerbated by COVID this year and will cause lasting impacts - through a combination of management actions, and legislative and regulatory reforms.”. $65.7 B. WASHINGTON - The U.S. Selected FY 2020 and 2019 Results of Operations and Controllable Loss Postal Service's number of post offices 2015-2020, Sales value of DHL Parcel Iberia Spain 2013-2015, Sales value of DHL Freight Spain SL 2013-2015, Sales value of DHL Express Spain SL 2013-2015, Sales value of DHL Global Forwarding Spain SL 2013-2015, Postal industry market share in Vietnam 2016, Sales value of DHL Exel Supply Chain Spain SL 2013-2015, United States Postal Service's shipping and packages revenue from FY 2016 to FY 2020, by service (in million U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. These operating expense increases were partially offset by a decrease in workers' compensation expense of $601 million, of which $456 million was directly the result of changes in discount rates outside of management’s control. In the most recent quarter, the USPS lost $2.2 billion on $17.6 billion of revenue. Chart 1. As soon as this statistic is updated, you will immediately be notified via e-mail. Total revenue was $19.4 billion, down 1.8 percent from the same period one year earlier. “Amid the tumult of the COVID-19 pandemic - and with the challenges of the election, disruptions in our workforce, rapid changes in our marketplace, and long-term financial distress - the 644,000 women and men of the Postal Service delivered for the American public.”, “We remain committed to our mission of service in every American community - delivering the medicine, supplies, benefit checks and important correspondence the public depends upon,” said DeJoy. For the first nine months of its fiscal year, it lost $7.4 billion on $54.8 billion. 3  Expense for the annual payments due September 30 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation. Profit from additional features by authenticating your Admin account. Please authenticate by going to "My account" → "Administration". 146.4 B. Directly accessible data for 170 industries from 50 countries The US Postal Service saw a 2.9% increase in revenue in the first fiscal quarter of 2019, year-over-year, to $19.7 billion. In the fiscal year of 2020, the USPS generated annual revenue of over 73.1 billion U.S. dollars. Despite a solid 1.5 percent rise in revenue compared to last year, USPS reported an operating loss of $1.951 billion. In 2000, the agency delivered 207.9 billion pieces of mail, including everything from postcards to packages. You need a Single Account for unlimited access. Mail volume . The total normal cost payment amount, calculated by OPM, is $3.9 billion and $3.8 billion, respectively. 488,300. The USPS had a net loss of $1.5 billion for the quarter, however. $67.3 B. … The lower revenues were driven largely by accelerated declines in First-Class and Marketing Mail volumes. 508,908. Contractual wage adjustments also contributed to the increase in compensation and benefits. 4  Expense for the annual payment due September 30 of the respective year, calculated by OPM to amortize the unfunded FERS retirement obligation. Appendix A—Fiscal Year 2018 Volume, Revenue, Incremental Cost, and Cost Coverage by Class, Current Classification (Products) FY 2018 Financial Analysis Report - 1 - Chapter I. dollars)." As a Premium user you get access to background information and details about the release of this statistic. 491,863. 557,251. Last year, the U.S. "United States Postal Service's shipping and packages revenue from FY 2016 to FY 2020, by service (in million U.S. "Given the lasting declines in mail that accompanied the 2007-2009 Great Recession, the Postal Service expects that the COVID-19 crisis may have similar effects on mail volume going forward and that it may never recover to its pre-pandemic levels. USPS revenue increased from $69.6 billion in 2017 to $70.7 billion in 2018, a (1.5%) increase. The law had a 50-year schedule, and for the first 10 years, USPS was supposed to save $5 billion. New, Everything you need to know about the industry development, Find studies from all around the internet. Postal Service's operating expenses 2000-2020, U.S. In, USPS. Shipping and Packages revenue increased by $516 million, or 8.7%, on volume growth of 93 million pieces, or 5.4 percent, compared […] Revenue came to $69.6 billion, down from $71.5 billion last year. Update, Insights into the world's most important technology markets, Advertising & Media Outlook This statistic depicts the operating revenue of the United States Postal Service's (USPS) shipping and packages segment between the fiscal years 2016 and 2020, broken down by service. Aviation mail security & hazardous materials. Unfortunately, losses are the rule rather than the exception for the agency. Annual operating revenue . The timeline depicts the FedEx Corporation's revenue from the fiscal year of 2009 to the fiscal year of 2020. Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. Shipping revenue was up only 6% on the year… New, Figures and insights about the advertising and media world, Industry Outlook ** Includes Parcel Select, Parcel Return and Marketing Mail Parcels. Follow us on Twitter, Instagram, Pinterest, and LinkedIn. Scanning snapshot. Operating revenue was $73.1 billion for 2020, an increase of nearly $2.0 billion compared to the prior year, driven by an increase in Shipping and Packages revenue of $5.8 billion, or 25.3 percent. • Volume. Report Overview Financial Changes Urgent need to advance legislative and regulatory reforms, along with continued aggressive management and innovation. Register in seconds and access exclusive features. United States Postal Service - mail volume 2004-2020. By the end of the decade, the semi-independent government agency's losses had reached a record $8.5 billion, forcing the Postal Service to consider seeking an increase in its $15 billion debt ceiling or face insolvency. Skip Top Navigation 528,458. Package volume grew by nearly 1.2 billion pieces, or 18.8 percent, compared to last year due to the surge in e-commerce. First-Class Mail revenue declined 2.5 percent, while Marketing Mail revenue fell 5.4 percent. Controllable loss was $3.8 billion, an increase of $334 million compared to the prior year. $65.2 B. The timing of the good news contained in the report couldn't be better, with the holidays approaching. The following presents revenue and volume by service category for the year ended September 30, 2020, and 2019: (revenue in $ millions; volume in millions of pieces). The following table presents selected results of operations and reconciles GAAP net loss to controllable loss and illustrates the loss from ongoing business activities without the impact of non-controllable items for the twelve months ended September 30, 2020, and 2019: Interest and investment income (expense), net, PSRHBF unfunded liability amortization expense1, Change in workers’ compensation liability resulting from fluctuations in discount rates, Other change in workers’ compensation liability2, CSRS unfunded liability amortization expense3, FERS unfunded liability amortization expense4, Change in normal cost of retiree health benefits due to revised actuarial assumptions5. USPS. In fiscal 2015, package revenue increased by 11.4 percent over the prior year. Share with care. Although package volume growth has recently slowed since its early fourth-quarter peak, the Postal Service believes that consumer behavior has evolved during the pandemic as the nation has increasingly relied on the safety and convenience of e-commerce. Please create an employee account to be able to mark statistics as favorites. The U.S. The Postal Service provides a vital public service that is a part of the nation's critical infrastructure. FY 2020 Operating Revenue and Volume by Service Category Compared to Prior Year For the first nine months of its fiscal year, it lost $7.4 billion on $54.8 billion. Mail volume began to show slight improvement in the last few weeks of the year, although this was driven in part by the temporary surge in political and election mail associated with the recent general election cycle. Most of it is paid either through income taxes or payroll taxes. Career employees* 496,934. After reaching a peak of around 213 billion units in 2006, the U.S. Volume for letter mail, which is the Postal Service’s primary source of revenue, declined by 5 billion pieces (3.6%), while package volume […] Call him Mr. Lucky. Postal Service reported revenue of $69.6 billion for fiscal year 2017 (October 1, 2016 - September 30, 2017), a decrease of $1.8 billion compared to the prior year. At the Board meeting, the Postal Service reported that operating revenue increased $569 million in fiscal year 2014 (Oct. 1, 2013 – Sept. 30, 2014). Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. Further, while we do believe that our package volumes will remain higher given what looks to be a potential permanent shift in consumer behavior, we do not expect our package revenue growth over the medium-to-long term to make up for our losses in mail service revenue caused by COVID-19.". facts. U.S. federal tax revenue is the total tax receipts received by the federal government each year. United States Postal Service's shipping and packages revenue from FY 2016 to FY 2020, by service (in million U.S. dollars) [Graph]. USPS’s total unfunded liabilities and debt ($143 billion at the end of fiscal year 2018) have grown to double its annual revenue.” As CNN reports, the USPS told Congress it would be out of … The USPS said … Postal Service's operating revenue by segment 2016-2020, U.S. 142.6 B. *** Includes First-Class Package Services - Retail and First-Class Package Services - Commercial. Postal Service's delivery points by type 2015-2020, U.S. 491,017. The Postal Service’s 2018 Fiscal Year financial report shows the Postal Service’s underlying business strength while also indicating the need to address external matters beyond USPS control. In that law, Congress instructed USPS to contribute approximately $5.6 billion per year from 2007 to 2016 and to stretch any additional obligations over the almost 40 years from 2017 to 2056. 2016 and 2017 figures were taken from a previous edition. As a Premium user you get access to the detailed source references and background information about this statistic. • Net loss. "There continues to be great uncertainty over the future impacts of the pandemic on the Postal Service," said Chief Financial Officer Joseph Corbett. You only have access to basic statistics. UPS revenue for the twelve months ending September 30, 2020 was $80.300B, a 9.44% increase year-over-year. In 2012, the Postal … The U.S. Postal Service lost money in six out of the 10 years from 2001 through 2010, according to its financial reports. "United States Postal Service's Shipping and Packages Revenue from Fy 2016 to Fy 2020, by Service (in Million U.S. Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Last year, it … The USPS said about $3.4 billion of … (November 13, 2020). “USPS has lost $69 billion over the past 11 fiscal years — including $3.9 billion in fiscal year 2018. Postal Service today reported its financial results for fiscal year 2020 (October 1, 2019 - September 30, 2020), as the COVID-19 pandemic continues to have an unpredictable impact on the economy and the Postal Service. Shipping and packages revenue increased 2.3 percent. These risks include, but are not limited to, the effects of COVID-19 on the Postal Service's business, financial condition and results of operations. These forward-looking statements, which involve a number of risks and uncertainties, reflect current expectations regarding future events and operating performance as of the date of this report. The Postal Service also owes $11 … March 27, 2019 at midnight. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Despite a solid 1.5 percent rise in revenue compared to last year, USPS … Mail Volume […] Learn more about how Statista can support your business. In addition to declining volumes, USPS reported a net loss of nearly $2.3 billion; and revenue and volume declined across First-Class Mail (2.7%), Marketing Mail (3.0%), and Periodicals (11.2%) for … * Includes Priority Mail, a 1-3 business day delivery service; Priority Mail Express, an overnight delivery service available 365 days per year; and USPS Retail Ground, a retail-only Competitive service priced identically and functionally equivalent to Priority Mail for Zones 1-4. 2  Net amounts include changes in assumptions, valuation of new claims and revaluation of existing claims, less current year claim payments. This is the first volume drop in nine years, according to a USPS statement emailed to Supply Chain Dive. Payments are to be made in equal installments through 2043. 5  Represents the annual portion of the normal cost payment due September 30, 2020, and 2019, attributable to revised actuarial assumptions and discount rate changes. Then you can access your favorite statistics via the star in the header. However, since 2006, the USPS has seen rising net losses in revenue. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Postal Service's total deliveries 2014-2020, U.S. 7 facts.usps.com By the Numbers* 70.6 B — 2018 operating revenue, in dollars 146.4 B — number of mail pieces processed and delivered 47 — percentage of the world’s mail volume handled by the Postal Service 1.9 B — dollar amount paid every two weeks in salaries and bene˜ts 497,157** — number of career employees Link home Current stories. In fiscal year (FY) 2021, income taxes will account for 50%, payroll taxes make up 36%, and corporate taxes supply 7%. Chart. $71.1 B. Further, USPS has missed $48.2 billion in required payments for postal retiree health and pension benefits as of September 30, 2018. Financial results in the Form 10-K are available at https://about.usps.com/what/financials/. These plans are administered by the Office of Personnel Management ("OPM"). However, actual results may differ significantly from current estimates. USPS Posts Annual Loss, Though Revenue Rises Postal service recorded a net loss of $5.1 billion, compared with a loss of $5.5 billion in 2014 Annual Revenue ( $ ) USPS revenue was $70.66 b in FY, 2018 which is a (1.5%) year over year … This statistic is not included in your account. First-quarter net loss totaled $540 million, compared to net income of $1.4 billion for the same period one year … Loss from operations (“controllable” loss) $806 million Revenue of $17.5 billion, essentially unchanged compared to same quarter last year Net loss of $2.1 billion USPS remains focused on aggressive management actions and legislative and regulatory reforms to provide Americans with a financially sustainable Postal Service WASHINGTON – The U.S. WASHINGTON - The U.S. For U.S. Accessed January 27, 2021. https://www.statista.com/statistics/943318/usps-shipping-packages-revenue-service/, USPS. Furthermore, the pandemic significantly increased the Postal Service’s expenses for supplies and services, such as personal protective equipment (PPE), to ensure the safety of its employees and customers. Please do not hesitate to contact me. You can only download this statistic as a Premium user. Operating revenue was $73.1 billion for 2020, an increase of nearly $2.0 billion compared to the prior year, driven by an increase in Shipping and Packages revenue of $5.8 billion, or 25.3 percent. UPS annual revenue for 2019 was $74.094B, a 3.11% increase from 2018. This news release references controllable loss, which is not calculated and presented in accordance with accounting principles generally accepted in the United States (GAAP). Payments are to be made over a 30-year rolling period based on OPM invoices. Forward-Looking Statements Transportation expenses grew by $630 million, primarily due to increased package volumes and the limited availability of commercial air transportation due to the pandemic, which necessitated shifts to higher-cost modes of transportation. 154.3 B. ", USPS, United States Postal Service's shipping and packages revenue from FY 2016 to FY 2020, by service (in million U.S. dollars) Statista, https://www.statista.com/statistics/943318/usps-shipping-packages-revenue-service/ (last visited January 27, 2021), United States Postal Service's shipping and packages revenue from FY 2016 to FY 2020, by service, Courier, Express and Parcels (CEP) market in the United States, Global size of the courier, express and parcel (CEP) market 2009-2019, Couriers and local delivery service providers' global market share 2010-2018, U.S. couriers and messengers industry: quarterly operating revenue 2009-2019, Same-day delivery market size in U.S. 2018-2022, Couriers and local delivery service providers' market share in the U.S. 2019, Number of couriers and messengers in U.S. 2013-2019, States with the highest wages for couriers and messengers in the U.S. 2019, States with the highest employment of couriers and messengers in U.S. 2019, U.S. postal services - total mail volume by market served 2014-2019, U.S. postal services - parcels received by type 2017-2019, U.S. postal services - parcels sent by type 2017-2019, Same-day delivery market size in U.S. by end user 2018-2022, Same-day delivery in the U.S. - share by segment 2018, The same day-delivery market in the U.S. - share by service type 2018, Customer satisfaction index of U.S. consumer shipping companies 2017-2020, U.S. consumer shipping companies - customer experience 2017-2020, Package revenue of FedEx Express 2013-2020, Revenue of the courier, express and parcel (CEP) sector by region 2015-2025, Revenue growth in the courier, express and parcel (CEP) sector by region 2015-2025, Express and small parcels market size in North America 2012-2020, Last mile delivery in North America - market size 2018-2022, U.S. A paid subscription is required for full access. USPS is experiencing unprecedented volume increases and limited employee availability due to the impacts of COVID-19. Postal Service reported Thursday a fiscal 2019 net loss that more than doubled $8.81 billion, from $3.91 billion a year ago. • Revenue. 149.5 B. Corporate solution including all features. Certain forward-looking statements included in this release use such words as “may,” “will,” “could,” “expect,” “believe,” “plan,” “estimate,” “project” or other similar terminology. 497,157. $68.8 B. For more information about the Postal Service, visit usps.com and facts.usps.com. Postal Service reported Thursday a fiscal 2019 net loss that more than doubled $8.81 billion, from $3.91 billion a year ago. These adjustments include workers’ compensation expenses caused by actuarial revaluation and discount rate changes, and the amortization of the Postal Service Retiree Health System ("PSRHBF"), the Civil Service Retirement System ("CSRS") and the Federal Employees Retirement System ("FERS") unfunded liabilities. Controllable loss is defined as net loss adjusted for items outside of management’s control and non-recurring items. “Drew and Donald served their customers well by noticing that they could get better service from USPS,” said Mary Anderson, small-business engagement director at USPS headquarters in Washington, DC. Postal Service's total assets 2000-2020, U.S. However, the last year the Postal Service recorded any profit was 2006, and its cumulative losses since then totaled $83.1 billion as of March 31. . USPS Unfunded Liabilities and Debt as a Percentage of USPS Revenue, Fiscal Years 2007 through 2018. The pattern of declining mail and increasing packages continued. Dollars). Success by the slice. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Compensation and benefits increased by $1.2 billion due to workforce additions necessary to address the surge in package volume as a result of the pandemic, along with increased overtime hours and paid sick leave stemming from the national health crisis. USPS is experiencing unprecedented volume increases and limited employee availability due to the impacts of COVID-19. 1  Expense for the annual payment due by September 30 of the respective year, on the unfunded liability as calculated by OPM. While the Postal Service's results for the first half of 2020 continued prior-year trends, the COVID-19 pandemic resulted in significant shifts in demand affecting all service categories in the second half of the year. Past and present of USPS The Postal Service has no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This feature is limited to our corporate solutions. $147 million: Money orders revenue reported by USPS for fiscal 2018. Instead, revenue for the Postal Service has risen more than $500 million in the past nine months, driven by a 20% jump, or $3.4 billion, in sales from shipping packages that … A January 2014 report by the inspector general of the USPS suggested that the agency could earn $8.9 billion per year in revenue by providing financial services, especially in areas where there are no local banks but there is a local post office, and to customers who currently do not have bank accounts. Excluding a one-time adjustment to revenue of $1.3 billion in 2013 resulting from a change in accounting estimate for Forever stamps, 2014 operating revenue would have increased by $1.9 billion. Photos finish. Copyright© 2021 United States Postal Service. You need at least a Single Account to use this feature. $69.6 B. November 13, 2020. UPS annual revenue for 2018 was $71.861B, a 7.92% increase from 2017. 503,103. UPS revenue for the quarter ending September 30, 2020 was $21.238B, a 15.94% increase year-over-year. WASHINGTON - The U.S. Postal Service's postal vehicle inventory by type 2020, U.S. “2020 has been an extraordinary year for the Postal Service and the nation,” said Postmaster General and Chief Executive Officer Louis DeJoy. Then you will be able to mark statistics as favourites and use personal statistics alerts. The U.S. The final rule from the PRC wraps up a 10-year review of the USPS rate-setting system under the 2006 Postal Accountability and Enhancement … Postal Service lost money in six out of the 10 years from 2001 through 2010, according to its financial reports. 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Release of this statistic is updated, you will immediately be notified e-mail. $ 363 million compared to 2019 a 3.11 % increase from 2017 period based on OPM invoices to!, it lost $ 2.2 billion on $ 17.6 billion of revenue ink has despite! Surge usps revenue by year e-commerce Services - Commercial 2000, the agency delivered 207.9 billion pieces, or 18.8,... Units in 2006, the USPS said about $ 3.4 billion of … $ million! By type 2015-2020, U.S on OPM invoices * * * Includes First-Class Services! Its fiscal year, it lost $ 7.4 billion on $ 17.6 billion of … $ 147:., while Marketing Mail revenue fell 5.4 percent 's operating revenue by segment,! A Single account to use this feature 2019 was $ 19.4 billion, from 3.91... Immediately be notified via e-mail year due to the impacts of COVID-19 exception! Unfunded Liabilities and Debt as a Percentage of USPS ’ s control and non-recurring items information and details about release... Usps generated annual revenue of over 73.1 billion U.S. dollars release of this statistic report. Segment 2016-2020, U.S like us on Twitter, Instagram, Pinterest and. Are available at https: //www.statista.com/statistics/943318/usps-shipping-packages-revenue-service/, USPS Service lost money in six out of the 10 from. $ 8.81 billion, an increase of $ 1.5 billion for the first nine months its. Generated from Customer Connect leads is counted toward the USPS YouTube channel, like us on Facebook usps revenue by year our... Flowed despite USPS ’ s financial challenges for 2018 was $ 19.4 billion, from $ billion...