Browsing: Stephen Masse

No doubt about it: The U.S. Postal Service’s third-quarter financial report was–on the surface–a bloodbath. With $5.2 billion in red ink spilled in just three months, you might think Freddy Krueger was keeping the books. Amid all the gore, though, the numbers reflect some faint flickers of hope. The question is whether those glimmers represent: (1) A blip; or (2) An early sign that finances are at least stabilizing, if not actually turning around. USPS leaders are naturally eager to accentuate the positive, particularly after this month’s failure to make a required $5.5 billion payment into a fund for future retiree…