Post office Quarterly Loss

iVillage Member
Registered: 08-16-2005
Post office Quarterly Loss
64
Thu, 08-05-2010 - 5:19pm
Post Office's Quarterly Loss Hits $3.5 Billion
USPS Blames Declining Mail Volume, May not Be Able to Make Required Payment for Future Retiree Health Benefits

(AP)


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iVillage Member
Registered: 01-25-2010
Thu, 08-05-2010 - 5:36pm
The post office could increase it's business by adding package delivery by other carriers as many would like the convenience of package in a secure setting.
For general communications Email,texting is much faster and cheaper.

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iVillage Member
Registered: 11-27-2009
Thu, 08-05-2010 - 5:40pm

I don't know what other people's experinces are, but our local post office uses the worst business model.

iVillage Member
Registered: 03-10-2010
Thu, 08-05-2010 - 5:40pm
Oh...oh...oh It looks like time to close some more post offices. I don't know how the USPS will be able to maintain current levels of service with so many people now communicating via email and receiving and paying their bills online. The reality is that as demand drops, the USPS hasn't adjusted sufficiently.

~OPAL~

~OPAL~   onoz_omg2.gif OMG ONOZ image by KILLER_BOB11694

iVillage Member
Registered: 09-01-2009
Thu, 08-05-2010 - 8:12pm

In what way could they adjust?

"Taxes are the price we pay for a civilized society."


       Justice Oliver Wendell Holmes

iVillage Member
Registered: 11-27-2009
Thu, 08-05-2010 - 8:18pm

"they have always, always picked up and delivered my mail six days a week without fail.

iVillage Member
Registered: 03-10-2010
Thu, 08-05-2010 - 8:19pm
The USPS still has a significant operation (buildings, staff, vehicles, etc.) that hasn't downsized as their sales have dwindled. Email, on-line billing, on-line banking, reduced catalog mailings due to on-line shopping, and other paperless transactions have dramatically cut into their core business. Already, one of our local post offices has closed (staff was moved to nearby facility) to save on their lease. I think we're going to see fewer days of delivery per week. Also, I think that there will be layoffs. The USPS is a necessary part of our "infrastructure" that supports all sorts of business, but it isn't exempt from having to balance its own books.

~OPAL~

~OPAL~   onoz_omg2.gif OMG ONOZ image by KILLER_BOB11694

iVillage Member
Registered: 09-01-2009
Thu, 08-05-2010 - 8:54pm

Perhaps we're just lucky here to have a very efficient group of postal workers.

"Taxes are the price we pay for a civilized society."


       Justice Oliver Wendell Holmes

iVillage Member
Registered: 03-10-2010
Thu, 08-05-2010 - 9:28pm
We have a decent operation here too. Sadly, the extras like a close-by post office and 6-day delivery may become a thing of the past. It is all about balancing the books.

~OPAL~

~OPAL~   onoz_omg2.gif OMG ONOZ image by KILLER_BOB11694

iVillage Member
Registered: 08-16-2005
Fri, 08-06-2010 - 6:23am

We get almost nothing but junk delivered at this point.


Avatar for rollmops2009
iVillage Member
Registered: 02-24-2009
Fri, 08-06-2010 - 6:29am
IMO, the USPS has been woefully mismanaged for years. Sometimes it is just laughable, like recently when the staff at our local office stateside had insisted to my assistant that a certain service did not exist to Europe. I had to go on the USPS web site (which is quite unwieldy and poorly designed) to find the page describing the service in detail, including the rates for using the service to Europe, send it to my assistant, have her print it out, take it down to the post office, demand to speak with a manager and so on. The whole back and forth took a week. We have had problems like this for 20 years.

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Men can only be happy when they do not assume that the object of life is happiness.
– George Orwell

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