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U.S. Postal Service facing insolvency due to new technologies
JS_Harris




msg:3961690
 12:11 pm on Jul 29, 2009 (gmt 0)

Mail use has been changing over the past decade as businesses and consumers have moved to electronic communication and payment alternatives. Mail volume decline has accelerated with the recession, particularly among major users in the advertising, financial, and housing sectors. Mail volume has typically returned after recessions (see figure), but USPS’s 5-year forecast suggests that much of the recent volume decline will not return.

[gao.gov...]

The GAO government site released a pdf format report with some startling graphs. The post office is in the same boat as newspaper publishers thanks to what is being called "new technologies", better known as email, cell phones and instant messaging.

 

MatthewHSE




msg:3965610
 7:54 pm on Aug 4, 2009 (gmt 0)

The Post Office is vital to so many industries that I don't see it going away anytime soon. People still like print publications, etc., well enough that many of the larger publishers (I mean the ones who meet with postal committees to help determine pricing, etc.) will be willing to pay extra to keep the USPS afloat if necessary.

Rugles




msg:3965627
 8:13 pm on Aug 4, 2009 (gmt 0)

I don't see postal services going away completely either.

It did always surprise me to see people delivering mail on Saturdays in the US, that is definately a luxury that needs to go. Clearly people can wait an extra day for their credit card bill or publishers clearinghouse offer.

jake66




msg:3966624
 2:35 am on Aug 6, 2009 (gmt 0)

Have any of you worked at the post office before?

If they want to cut costs, fire some of the bums in the sorting facility making $30/hr for stuffing envelopes into tiny little slots. Not to mention their benefits...

Email? What about all of the booming ecommerce businesses and start-ups that existed AFTER email came about?

Those parcels likely introduce greater revenues than a single letter EVER could.

This is a cry for wolf if I've ever seen it, quite disgusting. Just another excuse to raise prices!

Digmen1




msg:3966633
 3:04 am on Aug 6, 2009 (gmt 0)

If they want to cut costs, fire some of the bums in the sorting facility making $30/hr for stuffing envelopes into tiny little slots. Not to mention their benefits...

That does seem quite high for an unskilled job when the minimum wage has just been put up to $7.25.
Hell I'd do it for that !

[edited by: phranque at 6:41 am (utc) on Aug. 6, 2009]
[edit reason] fixed quoting [/edit]

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