USPS Reports $1.3 Billion Loss for January 2012
The USPS had a net loss of $1.262 billion in January 2012 according to preliminary (unaudited) data released by the Postal Regulatory Commission (PRC). USPS is attributing $1.017 billion of that amount to the Postal Service’s Retiree Health Benefit pre-funding expense. USPS is also reporting a year-to-date fiscal year loss of $4.5 billion (USPS reported […]