Well, I usually don't like to talk about bad news, but here it is.
The Postal Service ended its first quarter of fiscal year 2010 (Oct. 1-Dec. 30, 2009) with a net loss of $297 million. This compares to a loss of $384 million for the same period last year.
Mail volume for the quarter was 45.7 billion pieces, a decline of 8.9 percent.
The one bright spot was Shipping Services, with a volume increase of 2.5 percent.
What do you think about this? What can we do about it? Comment here.