January Numbers are in and the USPS is reporting Year to Date losses of 1.6 Billion, but it really is not all that bad, if you do not include the 2006 PAEA Law (the prefunding) there was only a 88
The USPS is expected to announce that it will eliminate Saturday delivery for first class a in August and perhaps other types of mail. The press conference will be later today. The restriction imposed by Congress on ending Saturday delivery
1/3/13 Statement from Postmaster General Patrick Donahoe: Congressional Inaction Heightens Postal Service Financial Crisis; More Aggressive Cost Cutting and Revenue Generating Measures will be Considered. The 112th Congress adjourned without having passed postal legislation. Such legislation could quickly restore the