May 10, 2012

POSTAL SERVICE’S 3.2 BILLION Q2 LOSS

WASHINGTON, DC—May 10, 2012—The Postal Service ended its second quarter (Jan. 1 – March 31, 2012) with a net loss of $3.2 billion, compared to a net loss of $2.2 billion for the same period last year. Despite ongoing management actions that have grown and improved efficiency, the losses will continue until key provisions of the Postal Service five-year business plan move forward.

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