USPS announces price cuts for e-commerce shippers

Discussion in 'USPS, DHL, Amazon, Drones, etc.' started by retiredTxfeeder, Sep 4, 2014.

  1. retiredTxfeeder

    retiredTxfeeder cap'n crunch

    Looks like the post office wants to stuff those little jeeps with boxes this peak.
  2. upschuck

    upschuck Well-Known Member

    Maybe peak won't be so bad after all.
  3. retiredTxfeeder

    retiredTxfeeder cap'n crunch

    If you talk to letter carriers, and I knew several when I was in pkg, they hate boxes. I believe the USPS is subsidizing parcel post with first class, which isn't fair.
  4. oldngray

    oldngray nowhere special

    More and more Christmas shoppers rely on online retail now than ever, and sometimes that means that they're buying from overseas. It might not be widely known, but shipping from Asia is ludicrously low - and it's because of an international United Nations agreement and a special deal between the U.S. Postal Service and the Chinese government mail carrier.

    The USPS offers this service, called “ePacket,” to foreign postal operators looking to increase global trade with the United States, spokeswoman Darlene S. Casey said in an e-mail. It has proven popular. Between fiscal years 2011 and 2012, China nearly tripled the number of packages sent under this program, from 9.5 million to 26.8 million. Revenues quadrupled. Casey also noted that the USPS relies on business income, not tax dollars, to fund its operations. (It lost another $5 billion last fiscal year.)

    But this has still been a money sink for the Postal Service. In 2012, USPS was paid only 94 cents on average for each piece of Chinese ePacket mail, according to a February report from the Postal Service’s inspector general’s office. That report estimated that the Postal Service was losing about a dollar on each incoming item, adding up to a $29.4 million net loss in 2012.