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U.S. Postal Service loses $1.3 billion in October-December

U.S. Postal Service

The U.S. Postal Service lost $1.3 billion in the October to December quarter, an official said on Friday, days after the beleaguered mail agency announced plans to cut back on Saturday delivery to save money.

 

U.S. Postal Service loses $5.2 billion, warns of low cash

U.S. Postal Service

The U.S. Postal Service's net loss widened to $5.2 billion during the April through June period, and the cash-strapped agency warned on Thursday that without help from the U.S. Congress it will face low cash and be unable to borrow money this fall.

 

US Postal Service Losing $1 Billion a Month in '12

U.S. Postal Service

The U.S. Postal Service on Thursday reported a $3.2 billion loss for the first quarter of 2012, $1 billion more than during the same period last year.

 

USPS posts $3.1 billion loss in Q3, warns of default

USPS posts $3.1 billion loss in Q3, warns of default

The U.S. Postal Service posted a net loss of $3.1 billion in its third quarter and warned again it would default on payments to the federal government if Congress did not step in.

 

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