post office

Post Office Records Big Losses
The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion, capping a tumultuous year in which it was forced to default for the first time on billions in payments to avert bankruptcy.
6 Mail Centers in NJ Slated to Close
Six mail centers in New Jersey are slated to close as the U.S. Postal Service looks to cut costs and avert seeking bankruptcy protection. The facilities are located in Edison, Pleasantville, Eatontown, Kearny, Teterboro and Bellmawr.
Post Office Losses Mount to $5.1 Billion Last Year
The U.S. Postal Service says it lost $5.1 billion last year as a weak economy and increased Internet use drove down mail volume. The bleak financial report for the fiscal year ending Sept. 30 was not as high as the $10 billion in losses previously estimated...