Postal Service loses less, but still in trouble
February 8th, 2013
09:33 AM ET
2 years ago

Postal Service loses less, but still in trouble

Washington (CNNMoney) – If it weren't for Congress, the U.S. Postal Service might not be doing so badly.

In the final three months of last year, the agency lost $1.3 billion - considerably less than the $3.3 billion lost in the same 2011 period.

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Filed under: Congress
soundoff (27 Responses)
  1. TRUESPEAKER&SEEKER

    Does anybody really cares?

    February 8, 2013 12:26 pm at 12:26 pm |
  2. Fair is Fair

    Rudy NYC

    Fair is Fair

    Technology and automation have dramatically improved over the years but the business model they operate under has not budged. Not surprising they're losing billions. If this happened to any business in the dreaded private sector, they'd have been belly up years ago.
    -------–
    Nice try, but you talk nonsense. Stop parroting right wing media. To be forced to fund pensions for people who aren't even born yet is assinine. If you call that good business sense, then no wonder the Republicans drove the economy into a ditch. If the USPS didn't have to pay $4 billion towards the pension last year, they would have turned a $1.5 billion dollar profit.
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    Okay Rudy... if you say so. Automation and technology have nothing to do with it. Gotcha. Roger.

    Your effort to be arguementative against anything I post makes you look petty... and kinda silly when you come up with some of the whoppers you've been known to.

    February 8, 2013 12:30 pm at 12:30 pm |
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