I am really surprised that these guys have held on as long as they have delivering "Snail Mail" with the number of people now using email as their primary mail source.
After last year's $2.8 loss things aren't looking to good for this year either...
"If current trends continue, we could experience a net loss of $6 billion or more this fiscal year," Postmaste General Potter said in testimony for a Senate Homeland Security and Governmental Affairs subcommittee.
Dan G. Blair, chairman of the Postal Regulatory Commission, noted...
"A revolution in the way people communicate has structurally changed the way America uses the mail," with a shift from first-class letters to the Internet for personal communications, billings, payments, statements and business correspondence.
WTF has this guy been living in a cave for the last 15 years
Full Story:
http://finance.yahoo.com/news/Postma...-14185857.html