Postal Service’s $3.2 Billion Q2 Loss Underscores Need for Legislative Changes

WASHINGTON, DC—May 10, 2012—The Postal Service ended its second quarter (Jan. 1 – March 31, 2012) with a net loss of $3.2 billion, compared to a net loss of $2.2 billion for the same period last year. Despite ongoing management actions that have grown and improved efficiency, the losses will continue until key provisions of the Postal Service five-year business plan move forward.