US Postal Service Loss More Than Doubles to $8.5 Billion
The US Postal Service more than doubled its loss this year to a record $8.5 billion, despite postal rate increases and trimming staff. Of course, its generous retirement benefits have not been touched - and until they are, the Postal Service will never again approach break-even.
FedEx and UPS put the Postal Service to shame.
FedEx and UPS put the Postal Service to shame.
