BY JOHN M. PALATIELLO
The U.S. Postal Service has just reached the halfway point for its 2017 fiscal year and the latest results only look like more bad news for the struggling agency – another loss of $562 million. For those counting, USPS has dealt with multi-billion dollar losses for 10 years running.
Interestingly, despite its wayward financial path, Wall Street has grown bullish on the Postal Service’s outlook. Yes, you read that right – leading financial analysts at Morgan Stanley actually believe that USPS could by primed to make substantive inroads in the nation’s increasingly fluid and crowded logistics market.
