Foundering USPS Absorbs Punishing Q2 Loss

• Transportation expenses of $1.7 billion, an increase of $126 million, or 8.1 percent, driven by rising fuel costs.

• Other expenses of $2.3 billion, a decrease of $133 million, or 5.6 percent.

These results bring the year-to-date net loss to $6.5 billion, compared to $2.6 billion for the same period last year.