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Old 04-10-2011, 09:48 AM
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dellinger63 dellinger63 is offline
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Join Date: May 2006
Location: U.S.A.
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Quote:
Originally Posted by Danzig View Post
Despite this virtual monopoly worth some $45 billion a year, the law does not require that the Postal Service make a profit -- only break even. Still, the US Postal Service has averaged a profit of over $1 billion per year in each of the last five years. .
The Postal Service itself disagrees.

USPS is trying to curb steep losses. It posted a $3.8 billion loss in its 2009 fiscal year, the latest in a multiyear string of whopping losses. Mail volume was down 12.7% for the year, a trend the agency expects to continue over the next decade as more consumers opt for online bill payments and message delivery.

http://money.cnn.com/2010/03/02/news/economy/usps/
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