“Today’s results show the impressive Postal Service financial turnaround continuing in full force. The quarter’s $313 million operating profit puts black ink for the first half of the year above $1.4 billion – surpassing all of last year’s operating profit.
“Equally encouraging is what produced the operating profit – continuing revenue growth as an improving economy and rising online shopping drive better performances in letter mail and package deliveries. Package revenue is up a striking 11.2 percent this year; first-class letters and standard mail also are up.
“This three-year trend in operating profitability makes clear the need to strengthen – not degrade – the now-profitable networks. We hope to work with lawmakers on both sides of the aisle, the administration and the new postmaster general to build on the progress achieved in the last Congress, within the mailing industry and among major stakeholders on consensus postal reform that promotes a strong and vibrant Postal Service.
“The Postal Service, which is based in the Constitution, is a national treasure that provides Americans with the world’s most affordable delivery network without taxpayer money, and long has been the most trusted government agency – with widespread support from the public and lawmakers.”