A U.S. Postal service employee loads his van as he prepares to leave the loading dock to deliver mail from the Los Feliz Post Office in Los Angeles. Kevork Djansezian/Getty Images hide caption toggle caption Kevork Djansezian/Getty Images The Two-Way U.S. Postal Service Reports $1.3 Billion Loss In First Quarter February 8, 2013 While a big number, it's way down from the $3.1 billion loss posted during that period last year. The Postal Service said it's already cut its operating costs, but it needs Congressional help to put it back on sound financial footing.