Postal Service Ends 2009 with $3.8 Billion Loss

Postal Service Ends 2009 with $3.8 Billion Loss
2010 Financial Plan Predicts More Losses Next Year
WASHINGTON—The U.S. Postal Service (USPS) today filed its 2009 fiscal year-end financial results, showing a net loss of $3.8 billion for the year — despite cost-cutting efforts resulting in $6 billion in cost savings and a $4 billion reduction in required [...]
November 16, 2009 | Posted in Breaking News | Read More »