American post office second quarter loss of $1900000000

xinhuanet.com Washington on 9 May, (reporter Zheng Qihang Gao Pan) USA Postal Bureau issued 9 reports show, in March 31st of this year to the second quarter of fiscal 2014, Cheap hats the company had a net loss of $1900000000, for the past 22 quarters twentieth quarterly loss.

money newspaper shows, company's second quarter loss and the company's most profitable for a mail delivery volume decline and the company huge debt. America Postal Bureau quarter operating income to achieve three increased, reached $167000000000, a year-on-year increase of 2.3%, but the delivery volume compared to the same period a mail drop 4.1%, the total debt amount is the total assets of the gap widened to $42000000000.

American postal bureau director Patrick · Donaho said, despite aggressive cost cutting measures, but because the inflation factors, each year nearly $1200000000 is still to increase the cost, and delivery of a mail volume continued to decline.

USA post office has a long history, was founded in Cheap college basketball jerseys 1775, have existed in the America prior to independence, its predecessor is USA postal department, 1971 to now, and transformed into a self-sustaining Congress Supervision enterprises. The FY 2012 and FY 2013, America Postal Bureau respectively a net loss of $15900000000 and $5000000000.

since 2012, American Postal Cheap football NCAA jerseys Bureau has repeatedly to huge losses on the grounds of reform request to Congress, said if not to reform the current advance retired staff medical benefits system, huge losses will continue, but Cheap shirts Congress has Cheap customized jerseys failed to agree on the reform scheme.