POSTAL SER­VICE IN RED FOR 11TH YEAR IN A ROW

Chicago Sun-Times - - USA TODAY -

The be­lea­guered U. S. Postal Ser­vice re­ported a fi­nan­cial loss Tues­day for the 11th con­sec­u­tive year, cit­ing de­clin­ing mail vol­ume and costs of its pen­sion and health care obli­ga­tions even as it pre­dicted an­other strong hol­i­day sea­son of de­liv­er­ies. The Postal Ser­vice re­ported a loss of $ 2.7 bil­lion for the fis­cal year that ended Sept. 30.

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