The post office said itself the regular mail business is in decline. That leaves parcels, which FedEx, UPS, and other private delivery companies dominate, between 85 and 95% combined in total. Labor makes up 80% of the post office's operating costs. If they aren't allowed to lay off people [[I think they are asking permission to right now) exactly how are they supposed to continue to operate? You don't need to be a post office insider, you just need to read their financial reports and look at the business conditions for a few minutes and you'll see exactly where the problems are.
http://www.nytimes.com/2011/09/05/business/in-internet-age-postal-service-struggles-to-stay-solvent-and-relevant.html?_r=2&scp=1&sq=usps&st=Search
Bookmarks