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Patrick R. Donahoe

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  • U.S. Postal Service reports $5-billion yearly loss

    U.S. Postal Service reports $5-billion yearly loss
    The beleaguered U.S. Postal Service on Friday reported a $5-billion loss in the last fiscal year and again urged Congress to take legislative action that would help the agency shore up its finances.
  • Post office may need an urgent rate increase, Congress is told

    Post office may need an urgent rate increase, Congress is told
    It's called snail mail because it's slow compared with its electronic competitors – and electrons, unlike humans, work for free. The U.S. Postal Service is in “the midst of a financial disaster” and may need an emergency increase in...

    U.S. Postal Service lost $1.9 billion in 2nd quarter

    U.S. Postal Service lost $1.9 billion in 2nd quarter
    The U.S. Postal Service lost $1.9 billion during its second quarter -- and losses will continue mounting if Congress doesn't pass legislation giving the beleaguered mail carrier more flexibility in how it runs its operations, the postmaster general said...