Postal service had $1.9 billion quarterly loss

Published May 9, 2014 5:51pm ET



WASHINGTON (AP) — The U.S. Postal Service reported a $1.9 billion loss for the first three months of this year and pleaded again Friday for reforms to its troubled financial system.

The agency said the loss for the quarter that ended March 31 matched the $1.9 billion in red ink in the same period last year and marked the 20th time of the last 22 quarters that it posted a loss.

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