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Postal Service'S Board Of Governors
Latest Postal Service'S Board Of Governors Items
The U.S. Postal Service lost more than $3 billion during the last three months of 2011 as continued declines in volume of first-class mail wiped out good news about the shipping and packaging business.
The U.S. Postal Service on Tuesday reported a $5.1 billion annual loss, but the figure would have been more than twice as high if Congress had not postponed a $5.5 billion bill to fund retiree health benefits.