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This spring USPS lost $2 billion
The U.S. Postal Service lost $2 billion this spring despite increasing its
volume and charging consumers more money to send mail, officials said Monday. The Postal Service has defaulted before on federally mandated annual payments to cover expected health care costs for future retirees. First-Class mail volume declined by 1.4 percent, but revenue climbed 3.2 percent because of price increases. Operating expenses increased by $1.5 billion to $18.4 billion. These are short excerpts from: http://www.foxnews.com/politics/2014...cmp=latestnews -- Victor Manta, PWO, AIJP ---------------------------------------------------------------------------- Philatelic Webmasters Organization: http://pwmo.org/ Art on Stamps: http://artonstamps.org/ Romania by Stamps: http://marci-postale.com/ Communism on Stamps: http://reds-on.postalstamps.biz/ Spanish North Africa: http://www.sna-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
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This spring USPS lost $2 billion
On Tue, 12 Aug 2014 13:08:16 -0400, "Victor Manta"
sharpened a crayon and wrote: The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday. The Postal Service has defaulted before on federally mandated annual payments to cover expected health care costs for future retirees. First-Class mail volume declined by 1.4 percent, but revenue climbed 3.2 percent because of price increases. Operating expenses increased by $1.5 billion to $18.4 billion. These are short excerpts from: http://www.foxnews.com/politics/2014...cmp=latestnews Ayuuuuuuuuuuuuuuuuuuuuup !!! They keep mailing multipage catalogues to people who have repeatedly told them they don't want the JUNK! They have thieves in known locations, pay out 'insurance' and still don't get rid of them. You'd best NOT send anything REGISTERED - 40% probablility it will be 'lost' [read STOLEN!] They don't track Foreign REGISTERED despite the [presence of proper bar codes!!! Now they're reducing hours to those -=convenient=- to their thoughts. Pretty soon, if they have their way rural residents will NOT have mail service except by postal boxes, driving tens of miles to get packages or other 'conditional' mail. All this while keeping OPEN facilities duplicating other facilities within 5 miles - but then there's a 'polly titian' nearby. OH YEAH ... even Congress admits that they USPS has -=overpaid=- upon the retirement and health care PRE-Funding, but the give away Dumbos need the funds for O'******* Kare, so it will be 'required' to continue! |
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