Aug
6
Postal Service blames mail decline for loss, I blame them
August 6, 2009 | 3 Comments
This is nothing new but the USPS is having some problems. They reported a $2.4 billion loss in their most recent quarter Wednesday, blaming plunging mail volume and rising retiree health care costs. They lost $1.1 billion a year earlier. The long and short of it is that they blame a decline in mail use. [...]