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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)

WebmasterWorld Senior Member leosghost is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



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)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



That's quite a scary loss in a quarter.

It has to slim down, surely.
 

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