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The Postal Service is looking to restructure its network of facilities in its delivery network as part of an ongoing effort to improve its long-term financial health.
DeJoy said Monday that USPS is showing progress under its 10-year reform plan by reducing costs and increasing revenue, but will need to continue its trajectory by closing and consolidating facilities across its delivery network.
The agency, he added, has decreased its forecasted losses by at least $100 billion over the coming years, and is more than halfway toward a goal of reaching break-even status, after 15 years of net financial losses.