National Association of Letter Carriers

Postal Service adds $740 million for $3.9 billion yearly loss

Postal Service adds $740 million for $3.9 billion yearly loss

The Postal Service has trimmed its losses to $740 million over the last three months by consolidating processing facilities, cutting hours for workers and post offices and reducing workers’ compensation costs, the agency said Friday. Still, year-to-date, the Postal Service had losses totaling $3.9 billion, and the agency said that without help from Congress its […]