Postal Service Ends Second Quarter with $1.9 Billion Loss

USPS
Postal Service Ends Second Quarter with $1.9 Billion Loss
Year-End Cash Shortfall Possible Despite Aggressive Cost Reductions;
Mail Incentive Programs Introduced to Offset Unprecedented Volume Declines
WASHINGTON – The U.S. Postal Service ended its second quarter (Jan 1 – March 31) with a net loss of $1.9 billion, as the economic recession and longer-term financial pressures, such as [...]