Record performance turning trash to cash — nets $24 million in revenue
Recycling not only helps the environment and reduces waste, it generates revenue for the Postal Service — $24.4 million in FY 2011.
We recycled over 215,000 tons of material in 2011. By using our distribution network in new ways, improving contract services and working with recycling vendors to maximize revenue through economies of scale, we are starting to see results.
Strong recyclable commodity pricing during 2011 played a part in our record revenue earnings, but the real story is a long-term strategy of continuous improvement.