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
    From January to March, losses were $1 billion more than during the same period in 2010. 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.
    10/4/2012 - 1:00 pm | 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 - 8:48 am | View Link
  • 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 - 8:24 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 - 6:41 am | View Link
  • Postal Service loses $3.2B in 2nd quarter
    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 health benefits.
    05/10/2012 - 6:40 am | View Link
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