In response to:

Postal Reform: A Telling Survey

Zdravko Wrote: May 06, 2012 12:07 PM
The reason for the bankruptcy of both Postal Service and the Amtrak is their unions.

First-class mail is the USPS’s most profitable product. Thus, the large – and permanent – drop in first-class mail volume has the USPS facing red ink as far as the eye can see. The U.S. Postal Service’s inspector general recently reported its findings from focus group discussions held with high-volume first-class mailers and mail service providers. The feedback is quite telling:

  • Both mailers and customers are turning to electronic alternatives for the obvious reason that it’s cheaper and more efficient than physical mail. The participants estimated that the per-piece cost of sending transactional mail (e.g., billing statements, invoices,...
Tuesday, June 18 | 12:56 AM ET
Tuesday, June 18 | 12:56 AM ET
Tuesday, June 18 | 12:56 AM ET
Tuesday, June 18 | 12:56 AM ET