07/10/14 8:00am
07/10/2014 8:00 AM
Postmaster Kevin Ford helps South Jamesport resident Dan Faraone Tuesday morning. (Credit: Barbaraellen Koch)

Postmaster Kevin Ford helps South Jamesport resident Dan Faraone Tuesday morning. (Credit: Barbaraellen Koch)

The United States Postal Service — which derives all of its revenue from the sale of its products and services — has lost $26 billion over the last three years.

In an effort to stop the bleeding, it has consolidated 141 mail processing facilities nationwide over the last two years, saving nearly $900 million and laying off no employees in the process. (more…)