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United Parcel Service, Inc. Message Board

  • low_mac low_mac May 9, 2014 1:11 PM Flag

    Postal Service posts another quarterly loss

    News flash, The Postal Service says it lost $1.9 billion over the first three months of this year and is pleading again for Congress to pass reforms to its financial system.

    http://www.cnbc.com/id/101658841

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    • No wonder they lose money,, they take all the small packages from UPS FDX
      where ups and fdx make one pickup and post office has to deliver thousands of deliveries
      they should be picking up and delivering their own shpts.

    • low_mac-oddly enough some thing are improving. The SmartPost and SurePost collaborations with FDX and UPS are helping. The Sunday delivery trial with Amazon was successful enough in the L.A. and NYC metro areas to add 15 cities soon. So, despite overall volume dropping by 1.8% and first class by 4.3%, they are hanging tough. There was a curious story about comparing the Google delivery product internet ordering network vs. the Amazon/Post Office collaboration. Google met their same day time window with delivery made by 2 guys wearing Google shirts. The Post Office delivery was many hours later actually in the evening. So, it would appear at least in that simple survey that it's better to totally control your own delivery operation. What this might mean to UPS down the road is hard to say.

 
UPS
96.92-1.37(-1.39%)Oct 1 4:00 PMEDT

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