USA post second quarter loss of $1900000000

American post May 9th earnings release shows, which ended in March 31st second quarter of fiscal 2014, the company net loss of $1900000000, for the past 22 quarters in twentieth losing.
Money newspaper shows, company's second quarter loss and the company's most profitable for a mail delivery volume decline and corporate debt. American postal quarter operating income to achieve three growth, year-on-year growth 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 Post says, despite aggressive cost cutting measures, but because the inflation factors, each year nearly $1200000000 is still to increase the delivery quantity and cost, a mail continues to decline.
American post was established in 1775, have existed in the USA 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, America post has many losses on the grounds put forward reform request to Congress, said if not to reform the current advance retired staff medical benefits system, losses will continue, but Congress has failed to reach agreement on reform.
MYEX Minya Express International
2014-05-13