All Posts Tagged Tag: ‘usps cuts saturdays’

USPS Loses $1.3 Billion, Plans to Cut Saturday Mail Delivery

The U.S. Postal Service (USPS) today announced its first quarter financial results and things are not looking good. In the first three months of the 2013 fiscal year USPS had a net loss of $1.3 billion. The first quarter includes holiday season shipping and mail, which generally makes it USPS’ most lucrative quarter. The company cited shipping and package revenue …

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