The USPS reported a net loss of $1.6 ($1.592) billion for April 2012 according to preliminary (unaudited) data submitted to the Postal Regulatory Commission (PRC). USPS is attributing $1.017 billion of that amount to the Postal Service’s Retiree Health Benefit pre-funding expense.  USPS is also reporting a year-to-date fiscal year loss of $8.1 billion ($8.056).

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USPS Reports Net Loss Of $1.6 Billion For Month Of April –YTD Retirement Pre-Funding Expense…