Showing posts with label USPS Third Quarter Financial Results (quarter ending June. Show all posts
Showing posts with label USPS Third Quarter Financial Results (quarter ending June. Show all posts

Tuesday, August 12, 2014

Postal Service would have posted a net income of $10 million in quarter ending June, 30 2014 if not for...

Postal Service reports $2 billion loss

"...The USPS' financial filings said the adjustment to workers' compensation expense -- an exercise that is on paper rather than a reflection of actual costs -- counted as a $540 million expense. The agency's retiree commitments for the quarter totaled $1.43 billion. Without those two expenses the agency would have posted a net income of $10 million. ..."    


This Article is From: www.timesdispatch.com
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