Return To Sender? Coronavirus Pandemic Eviscerates US Post Office Revenues
Return To Sender? Coronavirus Pandemic Eviscerates US Post Office Revenues

The US postmaster general warns that falling revenues could mean the postal service could run out of cash by October.

In fact, Business Insider reports Postmaster General Megan J.

Brennan said Thursday that mail volumes might not ever recover.

The US Postal Service expects a $13 billion decline in revenue.

That's roughly 18% of the agency's annual budget.

The news comes in spite of the recent uptick in Amazon.com package deliveries, as a result of the coronavirus pandemic.