US Postal Service Says Winning Share Amid Shipping Decline - Smart Money
The U.S. Postal Service said it has gained market share in the weakening domestic package shipping market after being allowed to offer competitive pricing for the first time.
The government agency said it has raised the estimated 15% share claimed at Sept. 30 last year for its priority mail service, much of it in the wake of the virtual withdrawal of German rival DHL from the market following a failed and costly six-year expansion.
The U.S. Postal Service said it has gained market share in the weakening domestic package shipping market after being allowed to offer competitive pricing for the first time.
The government agency said it has raised the estimated 15% share claimed at Sept. 30 last year for its priority mail service, much of it in the wake of the virtual withdrawal of German rival DHL from the market following a failed and costly six-year expansion.
