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USPS delivered fewer than 139 mail pieces per work hour in July, a 3.7 percent decrease from the July 2011 level of 144 pieces, according to preliminary numbers the service released Tuesday. The agency’s net loss for the month was $1.327 billion, nearly $300 million more than planned and more than $500 million worse than last year.
The productivity trend for the full fiscal year (starting October 1) isn’t much better. USPS has delivered 143 pieces per work hour so far in FY2012, down 2.5 percent from the same 10 months of FY2011.
Mail volume declined more than 4 percent.
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