U.S. Postal Service hit with record loss of $15.9billionQuicklink submitted by Sheila Samples Permalink
Become a Fan
|The struggling U.S. Postal Service is reporting a record annual loss totaling $15.9billion, while overall mail volume sinks. The financial losses for the fiscal year 2012 ending on September 30 were nearly $11billion more than the previous year. If Congress fails to act, Postal Service could run out of money next year - leading to 8 million job losses|
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.