RailwayAge Magazine |
Post Office Nears First Default in Its History
Wall Street Journal By JENNIFER LEVITZ. While lawmakers continue to fight over how to fix the ailing U.S. Postal Service, the agency's money problems are only growing worse. The Postal Service repeated on Wednesday that without congressional action, it will default—a … FedEx risks losing $1 billion-plus Post Office contract to UPS Postal Service considering 'all options' for mail airlift contract held by FedEx Appeals of post office closings prove costly |
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