Auctionbytes-NewsFlash, Number 38 - March 11, 2001 - ISSN 1539-5065
Previous Story |
U.S. Universal Mail Service is at Risk; USPS Faces $3 Billion Loss
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: U.S. Universal Mail Service is at Risk; USPS Faces $3 Billion Loss
The Postal Service is warning Congress that it must have more flexibility in changing rates and services to cope increasing costs and competition. (It currently takes about a year to change rates.) The Postal Service is facing a potential loss of $2 billion to $3 billion this fiscal year, due to costs rising at a faster rate than mail volume and revenue growth. The Postal Service Board froze nearly all new construction, new leasing and expansion facility contracting for fiscal year 2001. It warned that universal mail service - the regular delivery of mail to every address across the country at uniform and affordable rates - is at risk.
http://www.usps.gov/news/breaking.htm
Email this story to a friend. Previous Story |
Related Stories
USPS Help Line - October 21, 2000, Issue #24
New U.S. Postage Rates Effective Today, January 7, 2001 - January 06, 2001, Issue #29
Postage Rates May Rise Again - February 06, 2001, Issue #15
Post Office Sells Homeless Packages on eBay - April 25, 2001, Issue #70
Postage Rates to Rise in July - May 08, 2001, Issue #78
U.S. Postage Fees Increase Today! - June 30, 2001, Issue #41
U. S. Postage Rates Increase Effective July 1st - July 01, 2001, Issue #114
USPS Enhances eBillPay & Priority Mail Services - September 09, 2001, Issue #158
USPS Files for Another Rate Hike - September 12, 2001, Issue #161
FREE Delivery Confirmation on USPS Priority Mail - September 17, 2001, Issue #162
FREE Delivery Confirmation on USPS Priority Mail - September 23, 2001, Issue #47
DMA Protests USPS Rate-Hike Request - September 27, 2001, Issue #171
Thank a Postal Worker: Write a Letter - December 17, 2001, Issue #223
Speeding up Delivery of Media Mail Packages - February 17, 2002, Issue #64
USPS Proposes Transformation Plan, Newspaper Association Opposes Plan - April 07, 2002, Issue #67
USPS Hikes Postage, Priority Mail Changes Affect Online Auction Users - April 10, 2002, Issue #293
USPS: A Behind the Scenes Look at the U.S. Postal Service - May 09, 2002, Issue #313
U.S. Postal Service Evaluates Online Auction Performance - May 19, 2002, Issue #70
Group Pushes for Improvements in U.S.P.S. Priority Mail - September 06, 2002, Issue #388
President Bush Establishes Commission to Study the U.S. Postal Service - December 12, 2002, Issue #443
The Lighter Side of Online Auctions: Postal Adventures from the Edge - January 19, 2003, Issue #87
USPS to Sell PrePaid Priority Mail Envelopes - January 14, 2004, Issue #681
No Postal Delivery in U.S. on Friday to Honor President Reagan - June 09, 2004, Issue #778
USPS to Provide eBay Sellers with Free Co-Branded Shipping Boxes - July 23, 2004, Issue #812
eBay and USPS Co-Branded Boxes Are Available - August 09, 2004, Issue #823
Co-branded, Flat-Rate Boxes Available at 'eBay Live!' Conference This Month - June 23, 2005, Issue #1046
Discuss this story in our forums.
