• USPS is hemorrhaging billions a year and it might sell off the rights to your mailbox to turn a profit

    13 days ago - By Business Insider

    USPS lost $3.9 billion in FY2018, according to a new report from the Task Force on the United States Postal System.
    The task force made several recommendations in its report on how USPS could recoup losses.
    One tactic could be "franchising the mailbox" - charging private companies to allow deliveries to individuals' mailboxes.
    You may have never thought of it, but there's only one shipping company that can leave deliveries in your mailbox, rather than just on your doorstep - the United States Postal Service.
    And the USPS is famously not doing so well. It's doing so badly, in fact, that...
    Read more ...

     

  • USPS is hemorrhaging billions a year and it might sell off the rights to your mailbox to turn a profit

    USPS is hemorrhaging billions a year and it might sell off the rights to your mailbox to turn a profit

    13 days ago - By Business Insider

    USPS lost $3.9 billion in FY2018, according to a new report from the Task Force on the United States Postal System.
    The task force made several recommendations in its report on how USPS could recoup losses.
    One tactic could be "franchising the mailbox" - charging private companies to allow deliveries to individuals' mailboxes.
    You may have never thought of it, but there's only one shipping company that can leave deliveries in your mailbox, rather than just on your doorstep - the United States Postal Service.
    And the USPS is famously not doing so well. It's doing so badly, in fact, that...
    Read more ...