Monday, January 16, 2012

USPS Reports November Loss


http://www.btobonline.com/article/20120116/DIRECT0202/301169974/usps-reports-1-3-billion-loss-in-november
The U.S. Postal Service reported a net loss of $1.3 billion for November, the second month in the current fiscal year.  News for Periodical mailings, which includes magazines, was good, however; the class had an increase in volume mailed of 2.7%, with revenue up 1.4%.  News for total shipping services volume was even better; it jumped 32.7%.  Total November mail volume fell -2.2%, as compared to the same month last year.