Post office reports record loss of $15.9B for year
The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy.
Join the discussion below, or Read more at The Signal.
#1 Nov 16, 2012
The post office needs to be prepared for even more losses. The internet has changed the way most people communicate and pay bills. The only mail I get are ads ads, bills and other junk mail. One mail carrier said that most of the mail he delivers is junk mail. I hate to see people lose their jobs especially living wage jobs with benefits but the post office is going to have to make some severe cutbacks. They need to get rid of their affirmative action program too!
Add your comments below
|Larry Johnson||Jul 16||LJHO||1|
|Saturday mail deliveries to end; package delive... (Feb '13)||May '16||irritated||4|
|Postal worker convicted of assault was accused ... (Jul '10)||Feb '16||brenda6231||67|
|Got yelled at by the mail lady (Dec '15)||Dec '15||Zoey234||2|
|Postmaster General and CFO Host Web Call on U.S... (Nov '15)||Nov '15||wise old goat||1|
|Congress should stop meddling and let Postal Se... (May '12)||Nov '15||Postman Jack||24|
|How Doomed Is the U.S. Postal Service? (Jun '13)||Nov '15||Postman Jack||7|
Find what you want!
Search The Postal Service Forum Now
Copyright © 2016 Topix LLC