Post office swings to loss as continued declines in mail volumes weigh on revenue – MarketWatch
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Post office swings to loss as continued declines in mail volumes weigh on revenue
MarketWatch The U.S. Postal Service reported Friday that it swung to a first-fiscal-quarter net loss of $540 million, compared with a profit of $1.44 billion a year ago, as operating expenses increased 11%. Controllable income, which excludes items outside of … |
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