USPS has been covered from the angle of its recent planned decline in services and 5.6 billion dollar default in September 2012. Industry insider calls it a smoke screen clouding true opportunity.
According to USPS numbers, the decline in overall mail volume has been significant, nearly 20% over the last decade. The reasons are assumed to be factors like the internet, email, direct deposit and other electronic alternatives to traditional mail. Other statistics include a recent 5.6 billion dollar default in September 2012, which follows USPS’ first default since 1982, 5.5 billion in August 2012.
Mail is Still Booming
“We feel that the problem with the way these numbers have been presented is that it makes it look like the business of mail isn’t doing so great. This is not the case at all; the problems of USPS are utterly disconnected from the overall mailbox industry,” according to ...