Postal Service records $8.8 billion loss for fiscal 2019
Farewell Bonus for PMG
11.14.2019 – Linns.com reports: “The United States Postal Service’s board of governors convened Nov. 14 with a quorum of presidentially appointed members for the first time since 2014. “It’s a milestone for us,” said board chairman Robert M. Duncan, who noted that a “temporary emergency” board had been overseeing the USPS. But the board’s first public meeting produced little to cheer about because the USPS disclosed it recorded a staggering $8.8 billion loss in the 2019 fiscal year ended Sept. 30.” …but sales are growing – Losses double from last year – USPS statement – NALC – Comments (Count)
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