Postal Services loses 2 billion dollars

Kieran Kelley

Cas 283

Dr. Walker

1-22-15

Blog

 

                So the that I article that I crossed on the internet was an article from time magazine that talked about the US postal service losing billions of dollars due to the lack of first class mail. This is a huge deal I feel because of technology advancing so much that you can receive, and deliver mail through email access. We discussed in class how technology has its advantages by the time/distance obsolete, global connection, and 24 hours 7 days a week availability. With technology rapidly advancing that we can send mail through the internet rather than through the postal service it makes much more sense. You’re able to send an email to a family, friend or business partner through an email than having to send a message through the mail. It makes it much easier to receive or deliver taking less time to get to the individual than sending it through the mail due to the amount of business days it would take for the post office to deliver it.  Why would people spend money to buy stamps or deliver out a letter when you can save money by just sending an email. Due to this easier accessibility of communication with other individuals.  The postal service has seen this large cut in revenue in the first class mail due to this problem of technology advancing. I feel that it will be difficult to gain more revenue off the postal service due to the advanced technology, and will continue to face problems such as having to pay employees, new delivery trucks, package sortation equipment, and other deferred investments. It will be difficult with all the endeavors of running of postal service to keep maintained for the future generations.  With such a huge hole in debt that they face already, I think the best thing to do is to keep it to a minimum of postal service by providing a better delivery schedule, greater control over the personal and benefit costs, and to be a lot more flexible on the pricing of postal service and products would be provided with the necessary cash flow.  I think by possibly doing these actions will help decrease the amount of debt that our postal service faces already. I think that if we are not able to do the following actions our futures will face having little to do with the postal service on receiving or delivering mail. It would be used for most sending or receiving packages in the mail rather than letters. All you mail not is accessed through computers for most people so I can see the trend eventually occurring with the use of technology more frequently now than it was ever. With this huge debt that we face it would be much easier for us to just use postal services for delivering and sending you mail to one another. It will face so difficulties at first globally in some cases but I think with some time can be the best way to access everyone you need to get in touch with.

 

Link

http://time.com/93971/postal-service-loses-almost-2-billion/