UPS Does Not Necessarily Win If The Postal Service Fails - Seeking Alpha
The news flow coming out about the Postal Service may seem like a beautiful gift to any holder of UPS (UPS) stock. The Postal Service has already made announcements that it will close hundreds of post offices and lay off thousands of workers. Even though Congress has worked with the Post Office to set up a 5 month moratorium on those office closings, the service as old as the country itself seems destined to fall.
It has been long thought that this kind of system failure would be something that would benefit UPS and other private package delivery services. The line of thinking was that people would start using the private services for this standard mail delivery if this basic service failed. However, there are now many who are starting to rethink this concept.
The news flow coming out about the Postal Service may seem like a beautiful gift to any holder of UPS (UPS) stock. The Postal Service has already made announcements that it will close hundreds of post offices and lay off thousands of workers. Even though Congress has worked with the Post Office to set up a 5 month moratorium on those office closings, the service as old as the country itself seems destined to fall.
It has been long thought that this kind of system failure would be something that would benefit UPS and other private package delivery services. The line of thinking was that people would start using the private services for this standard mail delivery if this basic service failed. However, there are now many who are starting to rethink this concept.
