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Post Office Woes Will Help UPS
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<blockquote data-quote="cheryl" data-source="post: 867555" data-attributes="member: 1"><p><a href="http://www.fool.com/investing/general/2011/08/15/post-office-woes-will-help-ups.aspx" target="_blank"><strong>Post Office Woes Will Help UPS - Motley Fool</strong></a></p><p></p><p>A <a href="http://www.washingtonpost.com/r/2010-2019/WashingtonPost/2011/08/11/National-Politics/Graphics/WhitePaperRIF.pdf" target="_blank">Postal Service paper</a> (PDF link) that <em>The Washington Post</em> 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 ..."</p><p></p><p>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.</p></blockquote><p></p>
[QUOTE="cheryl, post: 867555, member: 1"] [URL="http://www.fool.com/investing/general/2011/08/15/post-office-woes-will-help-ups.aspx"][B]Post Office Woes Will Help UPS - Motley Fool[/B][/URL] A [URL="http://www.washingtonpost.com/r/2010-2019/WashingtonPost/2011/08/11/National-Politics/Graphics/WhitePaperRIF.pdf"]Postal Service paper[/URL] (PDF link) that [I]The Washington Post[/I] 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. [/QUOTE]
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