Thursday, February 11, 2016

Turned A Profit

Well, lookee here.  It seems that the US Postal Service turned a profit last quarter, for the first time in several years.
The U.S. Postal Service turned a profit in a financial quarter for the first time in five years, though President Obama still proposed the agency slash 12,000 employees in his fiscal 2017 budget.
That's great news.  Evidently they're turning their operation around, after losing money for years.  I generally like the US Postal Service, although they've been "behind the power curve" for several years. They face stiff competition from other package delivery services (like UPS and FedEx).

I have noticed from my several package deliveries that the USPS is making it's money on package delivery.  I have a package coming this week from Fernley, NV, and the USPS is the one delivering it.  It should be here tomorrow.


BobF said...

I was wondering about the USPS/UPS partnership and I got a real education a month ago. Had a package coming via that partnership and UPS sent me a message saying that for small bucks I could "upgrade" the package and it would go strictly UPS and never be touched by USPS hands.

I figured OK, I'll bite.

The package arrived one day earlier.

I've done it a couple of times since and each time it has shortened transit time by a day.

SO, this partnership, advertised as one of the best things since sliced bread, is actually costing us a day more in transit.

Old NFO said...

But it IS cheaper than UPS direct... FWIW...