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US Postal Service reports over $5bn in quarterly loss

Plus it is due to miss another huge benefits payment

     
10:38 am on Aug 10, 2012 (gmt 0)

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In the light of some previous threads by US and Canadian members, whose ecommerce deliveries etc, may be affected by these developments..

The postal service has called on Congress to approve legislation that would allow it to drop Saturday delivery services and cut its annual health bills, which are currently over $5bn.


[bbc.co.uk...]
1:57 pm on Aug 10, 2012 (gmt 0)

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That's quite a scary loss in a quarter.

It has to slim down, surely.