August 11, 2009 at 6:00 am by Luanne Bradley
You’ve Got Mail, But the Postal Service Is Losing Billions

Raising the price of our postage just isn’t doing it for the U.S. Postal Service which reports a $2.4 billion loss at the end of its third quarter (April 1 – June 30).
My kids did their part by sending lots of letters from camp, but most of America has seen a dismal decline in mail volume, which according to the Postal News has fallen by nearly 20 billion pieces in 2009 compared to the first three quarters of last year. Blame it on the widespread economic recession and electronic mail.
The …
|
















