http://www.businessweek.com/news/2012-11-16/postal-service-drain-leaves-week-s-pay-as-paltry-cushion
That shows how close to the edge the mail and package agency is, as it appeals to Congress to allow major cost cuts it can’t implement on its own.
“It’s a pretty dire situation,” said Kevin Sterling, a BB&T Capital Markets analyst who follows freight-delivery companies including FedEx Corp. and United Parcel Service Inc. (UPS) that compete with the Postal Service.