USPS sees $382M net loss in April

Share this content:

The US Postal Service saw a net loss of $382 million in April, bringing its seven-month total net loss for its 2010 fiscal year to $2.26 billion.

The financial results are a slight improvement from its 2009 fiscal year, when the agency saw a net loss of $385 million in April and $2.67 billion in the first seven months of its fiscal year, according to preliminary financial information filed with the Postal Regulatory Commission. USPS executives have predicted a $7 billion net loss for this fiscal year, which runs through September 30.

The financially struggling USPS saw net losses of $381 million in March, and $611 million in February, respectively. The Postal Service ran a net loss of $3.8 billion for its 2009 fiscal year.l

Loading links....

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here