What? UPS and FDX pay USPS a fee for final mile delivery. The USPS also uses UPS and FDX (along with other domestic airlines) to move their priority mail. These partying have been in place for decades and work well.
USPS lost $6.5B in 2023 and $9.5B in 2024, how is that working well? It’s worked well for FedEx and UPS’ stock price the last decade+ I guess, but that’s about it.
If the USPS goes away and that gap would have to be filled by UPS or FedEx we are in for a lot of trouble. I think costs would be the least of our worries. Yes, they do a fine job, but they are currently not equipped to handle deliveries in the fashion USPS does. How often do you get multiple deliveries the same day from UPS or FedEx? It happens to me a lot, but I only get 1 from USPS each day they deliver.
<div class=”d4p-bbt-quote-title”>Matt Moen wrote:</div>
What? UPS and FDX pay USPS a fee for final mile delivery. The USPS also uses UPS and FDX (along with other domestic airlines) to move their priority mail. These partying have been in place for decades and work well.USPS lost $6.5B in 2023 and $9.5B in 2024, how is that working well? It’s worked well for FedEx and UPS’ stock price the last decade+ I guess, but that’s about it.
They lost than much cuz they charge $.50 to deliver a letter to the middle of nowhere Alaska. This is why UPS and FDX use them for final mile delivery.
TBH, for how large they are those losses aren’t that staggering considering the infrastructure they have.
How often do you get multiple deliveries the same day from UPS or FedEx? It happens to me a lot, but I only get 1 from USPS each day they deliver.
The days I work from home USPS is on our street multiple times, sometimes close to a dozen, due to delivering for FedEx/UPS and the suburban moms need for online shopping for everything. And they need it delivered and returned for “free”. That is probably the main driver of USPS inefficiencies, over the rare $.50 to the middle of nowhere letters, but in either case they should be charged significantly more.
The major financial problem with the USPS is unfunded retiree pension liabilities.
-J.
yea and you can blame the federal government for that!!!
<div class=”d4p-bbt-quote-title”>CaptainMusky wrote:</div>
How often do you get multiple deliveries the same day from UPS or FedEx? It happens to me a lot, but I only get 1 from USPS each day they deliver.The days I work from home USPS is on our street multiple times, sometimes close to a dozen, due to delivering for FedEx/UPS and the suburban moms need for online shopping for everything. And they need it delivered and returned for “free”. That is probably the main driver of USPS inefficiencies, over the rare $.50 to the middle of nowhere letters, but in either case they should be charged significantly more.
I agree on that. I’ll get multiple Amazon deliveries a day via all the carriers, many times from the same facility.
And don’t get me going on when I order a package of jigs and the get delivered in a box the size of a cooler.
<div class=”d4p-bbt-quote-title”>Matt Moen wrote:</div>
What? UPS and FDX pay USPS a fee for final mile delivery. The USPS also uses UPS and FDX (along with other domestic airlines) to move their priority mail. These partying have been in place for decades and work well.USPS lost $6.5B in 2023 and $9.5B in 2024, how is that working well? It’s worked well for FedEx and UPS’ stock price the last decade+ I guess, but that’s about it.
The USPS is not a business. They are not allowed to make market-based pricing decisions on the fly. For some strange reason so many people cannot comprehend that. They can’t “balance their budget” so to speak because it takes congressional approval to make changes.
Comparing USPS to other things like Fed Ex or UPS for anything other than tail-end customer service is apples to oranges for sure.
And don’t get me going on when I order a package of jigs and the get delivered in a box the size of a cooler.
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I can get 2 crankbaits in a box the size of a cooler too, then the next day I’ll see Fed Ex nearly killing themselves delivering a box with 2 packages of feed in it (x2 – 60# bags) instead of having 2 smaller size boxes that aren’t over 100#.
The days I work from home USPS is on our street multiple times, sometimes close to a dozen, due to delivering for FedEx/UPS and the suburban moms need for online shopping for everything. And they need it delivered and returned for “free”. That is probably the main driver of USPS inefficiencies, over the rare $.50 to the middle of nowhere letters, but in either case they should be charged significantly more.
I dont get that on our street. USPS comes down our street one time per day that is it. The others all multiple times each and every day. Could be since we are rural, I dont know, but I know USPS only comes once.
Other people’s money means almost zero chance of running in the black.
It needs an overhaul for the 21st century.
Good on the employees who work their asses off, the money problem is not theirs.
On an unrelated note: Sears had been doing online business since the 19th century – how did they get eaten up by others on the internet sales model?! I mean, they were already doing it…… it’s always struck me as odd
On an unrelated note: Sears had been doing online business since the 19th century – how did they get eaten up by others on the internet sales model?! I mean, they were already doing it…… it’s always struck me as odd
Was Sears doing this prior to 1900? Im pretty sure the internet didnt exist back then. I am thankful I dont get those massive catalogs anymore however.
Funny Captain
It just always seemed like the leap from catalog to internet should have been an easy transition for some reason. It’s always intrigued me. I look in a catalog or I look online ( yes there are differences) but a lot of the puzzle should be the same or similar
Sears was founded in 1892 I think
The USPS is not a business. They are not allowed to make market-based pricing decisions on the fly. For some strange reason so many people cannot comprehend that. They can’t “balance their budget” so to speak because it takes congressional approval to make changes.
They actually are mandated to be self-financing, which is pretty comical given the results they have been posting. And packages are allowed to price for the market, letters are not and are basically tied to CPI. But you are correct there is a ton of red tape bureaucracies (not congress) that limit their efficiency in adjusting pricing. It really is a great example of government inefficiencies, and why we should be unwinding or entirely closing more and more of these organizations.
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