Post Office Woes Will Help UPS - Motley Fool
A Postal Service paper (PDF link) that The Washington Post obtained, states that "The Postal Service is facing dire economic challenges that threaten its very existence ... If the Postal Service was a private sector business, it would have filed for bankruptcy ..."
It certainly is hard to image having no more post offices, but how long can the U.S. Postal Service go on hemorrhaging money? UPS and FedEx have shown that postal delivery can make a profit. If the USPS can't do the same, it will be writing its own obituary.
A Postal Service paper (PDF link) that The Washington Post obtained, states that "The Postal Service is facing dire economic challenges that threaten its very existence ... If the Postal Service was a private sector business, it would have filed for bankruptcy ..."
It certainly is hard to image having no more post offices, but how long can the U.S. Postal Service go on hemorrhaging money? UPS and FedEx have shown that postal delivery can make a profit. If the USPS can't do the same, it will be writing its own obituary.