Post office in red $15.9 billion

Record fiscal-year loss yields urgent calls for legislation

Posted: November 16, 2012 at 3:43 a.m.

The Postal Service on Thursday reported a record $15.9 billion net loss for the fiscal year that ended Sept. 30, bringing the financially troubled agency another step closer to insolvency.

This story is only available from our archives.

Front Section, Pages 4 on 11/16/2012