Friday, June 29, 2012

USPS: Looses $2.1 billion in May

USPS posts $2.1 billion loss for May: Washington, D.C.—Despite steadying mail volume and revenue, the U.S. Postal Service reported a net loss of $2.1 million for the month of May, the eighth month of its fiscal year. The Postal Service has lost $10.1 billion year-to-date.