Postal Service facing 'economic headwinds,' reports $3.3B loss

The U.S. Postal Service (USPS), plagued by "economic headwinds," reported a $3.3 billion net lost in the most recent quarter — nearly double its loss during the same period last year, which officials attributed largely to federal worker benefits and other unexpected mandated costs."As we mark 250 years of service to the nation, our organization continues to face economic headwinds. We are working diligently to control costs, increase revenues, and transform and modernize our infrastructure