According to the Huffington Post, "Rather than raising prices at a time when its customers are just beginning to recover from the recession, the Postal Service should be emulating its closest competitors, Federal Express (FedEx) and United Parcel Service (UPS). From 2008 to 2009, FedEx and UPS had revenue declines of 16% and 12%, respectively. They both aggressively cut expenses during that same period by 14% and 9%. In the same period, the Postal Service experienced a smaller revenue loss of 9%, yet cut expenses by only 3%. While we applaud the Service for cutting expenses, it has not been nearly aggressive enough in doing so. The Service should also create new products to grow business. Today, commercial mailers attempt to reach customers by using multiple classes of mail - first-class, standard (advertising), periodical, and parcel mail. The Service, however, treats those mailers as customers of each class of mail separately. There are none of the "bundled packages" that we see in the communications world of voice, TV, radio, Internet. Without growth in mail volume, all Americans will suffer." Read more!
From postcom.org
From postcom.org
