Printing Impressions

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USPS Suffers $1.1 Billion Loss in Q3

August 2008
WASHINGTON, DC—The U.S. Postal Service registered a net loss of $1.1 billion for the third quarter, its financials reflecting reduced mail volume and increasing transportation costs. Operating revenue dropped $437 million to $17.9 billion for the quarter compared to the same period last year. Volume fell to 48.5 billion pieces, a 5.5 percent decline.
 

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