Operating revenues were $854.2 million, including approximately $49.1 million from the 53rd week, compared to $867.0 million in the prior year quarter. Favorable changes in foreign currency exchange rates benefited revenues by $4.2 million. Same store operating revenues declined 8.8%, an improvement compared to a decline of 9.4% in the third quarter of 2017, due to our strategic subscriber pricing initiatives and the inclusion of a full quarter of ReachLocal revenue in our same store calculation. Total digital revenues increased to $272.3 million, or approximately 31.9% of total revenue. GAAP net losses were $13.6 million, including a $42.8 million tax expense from the Tax Cuts and Jobs Act of 2017 and $27.6 million of after-tax restructuring, asset impairment charges and other costs. Click Read More below for additional information.
Average USPS Mail Delivery Time Nationally Since January: 2.7 Days
The United States Postal Service reported new delivery performance metrics showing the average time to deliver a mailpiece across the postal network was 2.7 days in the first five weeks of the fiscal year second quarter. Throughout January, winter storms across the nation created hazardous road conditions and impacted the air transportation network resulting in delays for middle mile mail and package transit. The Postal Service continues to implement mitigation plans to move mail and packages effectively across the nation.
Additional second quarter service performance scores covering Jan.1 through Feb. 11 included:
*First-Class Mail: 86.1 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 3 percentage points from the fiscal first quarter.
*Marketing Mail: 90.9 percent of Marketing Mail delivered on time against the USPS service standard, a decrease of 1.3 percentage points from the fiscal first quarter.
*Periodicals: 79.5 percent of Periodicals delivered on time against the USPS service standard, a decrease of 1.4 percentage points from the fiscal first quarter.
more at: https://about.usps.com/newsroom/national-releases/2022/0217-average-usps-mail-delivery-time-nationally-since-jan.htm