US Mail volume down 9 Billion

The U.S. Postal Service will ask for a 23 percent increase in its federal appropriation in the next fiscal year as it copes with a dramatic decline in mail shipping this year.

The USPS says mail volume will be down some 9 billion pieces in the current fiscal year from last year, partly because of the downturn in the American economy.

The USPS says it is cutting costs by reducing work hours for its employees because it must “take steps now to shore up its business.”
But the Postal Service says it will also need sharply more funding from the federal government to keep its operations on track. The Postal Board of Governors approved on Wednesday (24th September) a USD 144.6 billion appropriation request for the 2010 fiscal year, up from USD 117.7 million the USPS requested for the 2009 fiscal year.

The U.S. Postal Service will ask for a 23 percent increase in its federal appropriation in the next fiscal year as it copes with a dramatic decline in mail shipping this year.
The USPS says mail volume will be down some 9 billion pieces in the current fiscal year from last year, partly because of the downturn in the American economy.
The USPS says it is cutting costs by reducing work hours for its employees because it must “take steps now to shore up its business.”
But the Postal Service says it will also need sharply more funding from the federal government to keep its operations on track. The Postal Board of Governors approved on Wednesday (24th September) a USD 144.6 billion appropriation request for the 2010 fiscal year, up from USD 117.7 million the USPS requested for the 2009 fiscal year.