Archive for August 20th, 2014

USPS Springs Back with More Losses


Wednesday August 20th, 2014   •   Posted by K. Lloyd Billingsley at 9:31am PST   •   1 Comment

In January, the United States Postal Service hiked the price of stamps and its package shipping increased, but as Reuters reports, “The U.S. Postal Service continued to bleed money during its second quarter.” From April to June, the USPS lost $2 billion, compared with $1.9 billion in the first quarter and $740 million in...
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