The U.S. Postal Service is facing a
deficit likely to exceed $2 billion in the fiscal year ending Sept. 30, the
agency’s governors warned President Bush. The agency is confronting a financial crisis “that cannot be averted by better management alone,” the governors stated in a letter dated March 2.
comparison between Mexico, Australia, Canada, US, Italy, UK, France, Germany, Swizerland & Japan
Read MoreFacing financial troubles, the Postal Service turns to e-commerce. But UPS
and other rivals want to limit the agency to the letter business. America’s growing reliance on e-mail, online bill-paying and other electronic communications is undercutting projected growth in Postal Service revenue
The dot.com bubble may have burst, but the outlook for online shopping is still robust, at least in the US. Now, e-tailers are meeting the practical and cost challenges which arise, when processing and delivering orders direct to the consumer.
Read MoreCrunching Capacity.
Read More
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