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Content Tagged As u.s._postal_service

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  • US Postal Service reports $586 million net loss for spring

    August 10, 2015 12:59 PM

    WASHINGTON - The U.S. Postal Service is reporting a net loss of $586 million this spring. But that's a big improvement over the $2 billion shortfall for the same period last year. Postal officials say the loss was mitigated largely because interest rates associated with worker' compensation expenses swung... more »
  • USPS reports $1.5B loss

    May 8, 2015 12:52 PM

    WASHINGTON - The U.S. Postal Service on Friday is reporting a net loss of $1.5 billion during the first three months of the year, noting that while more people are using its shipping and package services, it's costly to do and revenue from other products have declined. The Postal Service... more »

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