USPS submits 2021 Integrated Financial Plan to PRC

Fiscal Year (FY) 2020 was full of unprecedented challenges for the Postal Service, including the COVID-19 pandemic and resulting economic shutdown, wildfires throughout much of the western U.S., an extremely active 2020 hurricane season and an unprecedented reliance on the mail to inform voters and deliver ballots. Nonetheless, the Postal Service continued to deliver its essential services through all these challenges and reported a better-than-planned 2020 controllable loss of $3.8billion.The net loss for the year was $9.2billion. Our Annual Report on Form 10-K, which was filed with the Postal Regulatory Commission (PRC) on November 13, 2020, contains a detailed analysis of the 2020financial results and provides a baseline for understanding our projected 2021 results.

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