Postal Service Reports Financial Loss for 11th Year in Row
Tuesday, 14 November 2017 The U.S. Postal Service reported a financial loss Tuesday for the 11th straight year, citing declining mail volume and costs of its pension and health care obligations even as it predicted another strong holiday season of package deliveries.
Reuters The US Postal Service posted a controllable loss of $656 million in the second quarter, compared to income of $12 million for the same period a year ago. The loss is surprising when you.. Source: Wochit -
President Donald Trump ordered the creation of a task force to study the US Postal Service and its financial difficulties on Thursday.
Trump has criticized the Postal Service's deal with Amazon, which.. Source: Wochit -
According to a report by Gizmodo, Donald Trump signed an executive order last night looking to secure a review of the United States Postal Service's business practices, in a move that has been seen as.. Source: Wochit News -
After criticizing Amazon for costing the U.S. Postal Service money, President Donald Trump has ordered the creation of a task force to study the USPS and its financial difficulties. Jillian Kitchener.. Source: Reuters Studio -
President Donald Trump wants to study the U.S. Postal Service and its business model. On April 12 Trump ordered the creation of a task force to lead the study. The White House said it is specifically.. Source: Wochit -
According to a former postmaster general, President Donald Trump is wrong about the relationship between Amazon and the post service. Former postmaster general Patrick Donahoe stated that.. Source: Wochit News -