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 […]