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The Postal Service says its competitive package business is growing, following its busy year-end holiday season.
USPS says it delivered 130 million more packages in the “peak” first quarter of fiscal 2024, a nearly 7% increase, compared to the same period last year.
USPS delivered more than 1.9 billion packages in the first quarter of fiscal 2023, which covers October through the end of December.
Postmaster General Louis DeJoy, in a video message to employees, said growing the package business is the key to turning around the Postal Service’s long-term financial problems.