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U.S. Postal Service Reports $5 Billion Loss [Headlines]

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The government has been working on ways to rescue the ailing Postal Service, which reported a massive loss on Tuesday.

by Nestor Bailly, PSFK
  • 17 november 2011

The U.S. Postal Service released its annual financial results on Tuesday, and they’re nothing to write home about.

The agency reported an annual loss of $5.1 billion, as declining mail volumes and mounting benefit costs take their toll.

CNN

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