It shouldn’t be a surprise really I predicted this many months ago here. The USPS is one of most pathetic and mis-managed entity. A company that has always been the same and never evolves. You would think overtime as a business they would adapt to changes in the economy and introduce innovated technologies and ideas to mail easier and smoother…, however, its the same system only more expensive now. Each year, as rates continue to increase, customers find cheaper and more affordable options. It’s almost not even worth it anymore – 50 cents to send a small letter is about 50% overpriced.
As customers sending mail declines the USPS continues with operations and fail to adjust their staff and vehicles to manage less mail. The infrastructure of delivering mail has been established for many years now…. so how in the hell are you losing money USPS? It’s all overpriced profit with billions of pieces of mail sent every year! Not to mention all the other revenue streams you have like mail boxes and expedite services.
Honestly, we as customers need to look at this and say when do we just say no and let them fail. I just tired of hearing all the complaining when I can easily calculate all the profit they are making. They are just taking advantage of the the people and the system by continually asking for a stamp raise every year. Perhaps the best option is just to let is burn to the ground and let innovation and entrepreneurs create a new more profitable system.
FACT: The USPS posted a 9 BILLION dollar lost last year. The USPS is requesting a 5%+ postage rate increase.