Postal Service Loses $3.2b In 2nd Quarter

WASHINGTON (AP) -- The ailing U.S. Postal Service is reporting quarterly losses of $3.2 billion, brought on by declining mail volume and mounting costs for future retiree health benefits....

Topics:  washington ap     the   u.s postal service   quarter   
BING NEWS:
  • Postal Service loses $3.2B in 2nd quarter, blasts Congress for blocking cost-cutting moves
    WASHINGTON (AP) — Drowning in red ink, the U.S. Postal Service on Thursday reported a quarterly loss of $3.2 billion and blamed Congress for blocking the agency’s cost-cutting efforts to offset declining mail volume and mounting costs for future ...
    05/10/2012 - 12:29 pm | View Link
  • Postal Service loses $3.2B in 2nd quarter
    From January to March, losses were $1 billion more than during the same period last year. The mail agency said that without legislative action, it will be forced to default on more than $11 billion in health prepayments due to the Treasury this fall.
    05/10/2012 - 8:15 am | View Link
  • Postal Service loses $3.2B in 2nd quarter
    WASHINGTON (AP) — Drowning in red ink, the U.S. Postal Service on Thursday reported a quarterly loss of $3.2 billion and blamed Congress for blocking the agency's cost-cutting efforts to offset declining mail volume and mounting costs for future retiree ...
    05/10/2012 - 7:05 am | View Link
  • Postal Service loses $3.2B in 2nd quarter
    WASHINGTON – Drowning in red ink, the U.S. Postal Service on Thursday reported a quarterly loss of $3.2 billion and blamed Congress for blocking the agency’s cost-cutting efforts to offset declining mail volume and mounting costs for future retiree ...
    05/10/2012 - 7:03 am | View Link
  • Postal Service loses $3.2B in 2nd quarter
    (AP) WASHINGTON - Drowning in red ink, the U.S. Postal Service on Thursday reported a quarterly loss of $3.2 billion and blamed Congress for blocking the agency's cost-cutting efforts to offset declining mail volume and mounting costs for future retiree ...
    05/10/2012 - 5:02 am | View Link
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  • U.S. Postal Service Records Second Quarter Loss of $1.9 ...
    First-Class Mail Volume Declines by 4.1 percent; Approximately $64 Billion in Liabilities Exceed Assets by $42 Billion; Eight Percent Growth in Shipping ...
    11/24/2014 - 6:58 am | View Website
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