Service just breaking even, but they are also making a profit. On top of that, the 1.2 billion dollar figure is 115 billion dollars better then the quarterly forecast predicted. It is incredible that they are not only making a reasonable profit but it is increasing over the years. The Postal Service is also now reducing debts. An example of this is when the Postal Service redeemed a 1.5 billion dollar loan two years in advance which will save them 22 million dollars of interest in the next two years. The Postal Service isnt stopping with the revenue that it is receving now. The Postal Service is planning to increase its international revenues of $1.2 billion by twice the amount in the next five years and ten-fold by the year 2005. The Postal Service is continually working to streamline their operations for the future that they are now running. The Postal Service is continuly looking to cut back on borrowing money. All of the recent financial borrowing has been through the Federal Financing Bank, but the Postal Service now is looking into the Federal Financing Bank, but the Postal Service now is looking into out side sources, such as bonds in the public markets.Business are starting to get jealous of the Postal Service because the great profits it is experiencing. The Postal Service is now making a major impact on the United States Economy. Business are pointing out that in 1995 the Postal Service had records of $1.8 billion in net income and a 1.7 billion dollar debt reduction. The $54 billion revenue that the Postal Service is bringing in would put them in 12th place on the Fortune 500 list and 33rd on the Fortune Global 500, with the worlds largest corporations. A recent study showed that domestic direct mail sales were at $333 billion in the year 1994. This figure is expected to reach over $500 billion by the year 2000.It can be seen throughout this paper how the United States Postal Service increased profits and does ...
