Hold off on Privatizing US Postal Service
This week, Britain announced that it would soon be privatizing its postal service, the Royal Mail. Estimated to be worth nearly three billion pounds ($4.8 billion dollars), the Royal Mail will begin selling shares of stock to potential investors sometime in the next few weeks. While it remains to be seen whether or not this is a smart move for Britain, the United States should think twice | Read More »
Postmaster General Stepping Down
By Tad DeHaven Postmaster General John Potter has announced that he is stepping down. The Washington Post speculates on the reason for Potter’s departure: It is not immediately clear why Potter decided to step down, though USPS staffers and others in the postal community — a wide fraternity including the shipping industry, labor unions and large retailers — signaled recently that he was likely to | Read More »
Is the Post Office out of Money? Or just got the No-Fly list Blues?
You can help me here. This may be a local glitch, but I’d like to ask if it’s more widespread. This is a city of app 25,000, just outside of Richmond, VA. My postman told me on Thursday that the letter carriers who get their bi-monthy paycheck by direct deposit didn’t get it. They were told it was a glitch at the Minneapolis check facility. | Read More »
So long Postal Service, It’s been real
To: the U.S. Postal Service So long, and thanks for the fish. Seems other carriers are doing just fine. They are not asking for handouts from the tax payer, and they deliver on weekends. Perhaps the paradigm of over paid, low output union workers is once again showing it’s true value to the American people. Even with a U.S. Government protected monopoly, the Postal Service | Read More »