USPS continues to increase operating profits in January–March 2, 2016

The Postal Service reported that its operating profit for Fiscal year 2016 increased by $293 million in January, the fourth month of the year. This brings the total operating profit to $1.599 billion, which is $639 million or 67 percent higher than the USPS budget plan. At the end of January, the Postal Service Fund held $7.960 billion in cash invested in Treasury securities.