The U.S. Postal Service reported a $3.3 billion loss this past quarter, according to the Jacksonville Business Journal. The loss is much higher than the $290 million in the same quarter a year earlier.
First-Class Mail revenue fell 4.1 percent. That revenue has declined 15 percent and the volume has decreased 25 percent since 2006.
“Technology continues to have a major impact on how our customers use the mail,” said Postmaster General Patrick Donahoe.”
Read more: http://www.bizjournals.com/jacksonville/news/2012/02/10/postal-service-posts-33b-loss.html
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About Emily Patterson
Emily Patterson comes to marketing and web design from a background in magazine journalism and international affairs.
After graduating from Ohio University’s Scripps School of Journalism, Emily took a copyediting position at China Daily, China’s largest English-language newspaper. After two years editing translations of news reports and government propaganda, she was offered a chance to launch a new publication. She worked with an international team of journalists to start Asia Weekly, a magazine with news and features from accross Asia. Emily also freelanced for several publications, including the Cleveland Plain Dealer, her hometown newspaper, and Time Out.
After returning to the US in 2008, Emily turned her eye for writing and design to the blossoming field of website design and management. For the past two years, she has worked as the Web Content Manager for the Better Business Bureau headquarters.
Emily lives in Alexandria, Va. with her husband and dog and is completing University of Virginia’s master’s certificate in online marketing. She loves to cook Asain food, hike and fall asleep on the couch watching movies.
The U.S. Postal Service reported a $3.3 billion loss this past quarter, according to the Jacksonville Business Journal. The loss is much higher than the $290 million in the same quarter a year earlier.
