Postal Service Reports Financial Loss for 11th Year in Row
November 14, 2017
The U.S. Postal Service reported a financial loss Tuesday for the 11th straight year, citing declining mail volume and costs of its pension and health care obligations even as it predicted another strong holiday season of package deliveries.
Euronews English - ▶ 01:00
The Street - ▶ 00:45
Recent related news
DES MOINES, Iowa (AP) — The U.S. Postal Service says its decision not to fill dozens of postal jobs in Des Moines is intended to deal with a shrinking...
1 week ago • Seattle Times
CHARLESTON, W.Va. (AP) — A West Virginia man has admitted to possessing stolen mail. Thirty-eight-year-old Richard Thomas Morris Jr. of Washington in Wood...
6 days ago • Seattle Times
Roughly 400 people attended the Minneapolis/St. Paul Business Journal's 11th annual CFO of the Year event, which recognizes top financial executives from around...
1 week ago • bizjournals