Washington Post (April 15, 2013)
2013/ 04/ 16 by jd in Global News
βThe U.S. Postal Service (USPS) faces a financial death spiral. Burdened by excess infrastructure, outmoded regulations and high labor costs β not to mention facing digital-age obsolescence β USPS posted an operating loss of $15.9 billion in fiscal 2012 and is on course to lose an estimated $7.9 billion in fiscal 2013.β
Tags: Digital age, Infrastructure, Labor, Operating loss, Regulations, U.S., USPS
