Could Same-Day Delivery Save the Post Office?

Date: Dec 04 2012

Filed under: Government

US Postal officeThe bills just keep piling up at the U.S. Post Office.

Recently clocking in at $8.5 billion in annual losses, USPS announced a massive $15.9 billion loss earlier this month, and the problem’s getting worse, not better.

According to official estimates, by 2015 USPS is expected to be losing money at a rate of $20 billion a year. Can anything stop the bleeding?

Yes … Maybe

The Post Office sure hopes so. In fact, it’s got a pilot project under way that aims to do just this — stop, or at…

Could Same-Day Delivery Save the Post Office? originally appeared on DailyFinance.com on 2012-12-03T14:37:00Z.

Permalink | Email this | Comments

http://www.dailyfinance.com/2012/12/03/could-same-day-delivery-save-the-post-office/