$6.5 billion in loss this last fiscal year.
Mostly due to drop in 1st class mail volume, competition in package delivery, and due to increased costs in modernization...
... including replacing the entire delivery fleet with electric vehicles...
That was supposed to happen 3 years ago. Still not done. Now they've stopped reparing current vehicles in the fleet, causing offices to lease out commercial vehicles to continue to operate...
It's a shit show.