Friday, November 18, 2016
USPS Takes In More Revenue, Needs To Spend More On Workers And Vehicles
Here’s the problem that the U.S. Postal Service has with making money: it’s delivering more packages to quench our thirst for online shopping, but carrying more packages means that the service needs more and upgraded vehicles, and to pay more people to deliver those packages. If the USPS simply reported its profit and loss, it would have had a $200 million profit for fiscal year 2016, but things are not that simple when you’re a quasi-governmental agency.
at 11/18/2016 08:00:00 PM