eCommerceBytes--The head of the regulatory body that oversees the U.S. Postal Service outlined a broad vision for putting the money-losing agency on a path to long-term sustainability by exploring a series of new business lines. In a keynote address at the second annual PostalVision 2020 conference on Wednesday, Ruth Goldway, the chairman of the Postal Regulatory Commission, emphasized the value of the assets the Postal Service provides and suggested that its best bet for revival is to play to its strengths. Echoing others who have argued that the Postal Service cannot achieve financial viability simply though deep cuts to its workforce and network of facilities, Goldway urged the agency to think creatively about how to leverage its infrastructure in ways that would be attractive to a broader range of private firms than the commercial shipping providers with which the agency currently has processing and delivery deals. Read more!
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