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USPS sees declines in fiscal second quarter revenue and volume

Revenue, at $17.1 billion, while down $16 million, was essentially flat, according to USPS officials, and the organization had a net loss of almost $2.3 billion, which was up $767 million annually. USPS said that this tops net loss of nearly $1.5 billion a year ago, with controllable loss for the quarter almost $1.1 billion, compared to a controllable loss of $889 million for the same quarter last year.
Source: logistics Mgmt

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