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Is the Postal System Becoming Obsolete?
When
was the last time you sent a letter in the
mail? The U.S. Postal System has
announced that it will close hundreds of mailing
centers across the country in the wake of
a $3.3 billion loss last quarter. Perhaps
adding insult to injury, there are already
rumors that the  cost
of postage stamps will rise again in the near
future. And it's not just an issue in the
United States. Similar news is becoming more
common in countries around the world.
So
what's really going on? And if the world is
moving away from the good ol' letter and stamp,
what will replace it?
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March 5-18, 2012
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| Linked
Articles: |
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Postal
Service Plans 27,000 Job Cuts as Processing Plants
Shut
from Bloomberg Businessweek
The U.S. Postal Service, which predicts an annual
loss of $18.2 billion by 2015, plans to eliminate
5.4 percent of its workforce by closing almost half
its mail-processing facilities to decrease costs.
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Is
It Time for a Postal Service 2.0?
from Bloomberg Businessweek
Calls for an overhaul of the U.S. Postal Service
are getting louder. They'll only increase in volume
in the runup to a 2¢ increase in the price
of a first-class stamp, scheduled for May 11. |
Postmaster
General: US Postal Service 'Unsustainable'
from MoneyNews.com
The United States Postal Service has been having
money problems for a long time and the situation
apparently isn't getting any better. On the contrary,
Postmaster General Patrick Donahoe described it
to CNBC as “unsustainable.” |
World's
postal market changing faster than ever expected
from Post and Parcel
The global communications market is now changing
much more quickly than ever expected, with postal
operators around the world having to adapt at a
much more rapid pace. |
Post
Office closings isolate small towns and poor
from MSNBC.com
Postal officials were blunt in December when they
stood before 120 residents in Dedham, Iowa, to tell
them why their town's post office has to close.
The Internet, officials said, was killing the U.S.
Postal Service. |
Stamp
price rise proposals challenged by MPs
from the BBC
MPs have challenged a regulator about plans to remove
price caps on first-class stamps and raise the price
limit on second class to as much as 55 pence.
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