postal-finances

Mail customers would accept service cuts to aid USPS

They are especially accommodating if they are aware that the agency does not draw on tax revenue — a study by the USPS inspector general has found.

Postal Service expects only five-day cash reserve in October

USPS officials project a slim cushion to protect the agency in the event of an unexpected downturn.

Postal Service finances improve during third quarter but still show major loss

USPS lost $740 million during the third quarter, but the number represents an improvement over the first half of the year.

U.S. Postal Service posts $1.9 billion loss, despite efficiency efforts

Savings from efficiency measures and increased revenues in some categories of business were not enough to prevent the second quarter USPS loss.

  • Eric Yoder and Josh Hicks
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  • May 10, 2013
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