US Postal Service To Make Sunday Deliveries For Amazon 258
guttentag writes "The New York Times is reporting The USPS has struck a deal to deliver Amazon's packages on Sundays — a first for both. The Postal Service, which lost nearly $16 billion last year, often loses money on first-class mail delivery, but package delivery is profitable. The Postal Service said it expected to make more such deals with other merchants, seeking a larger role in the $186 billion e-commerce market. For this holiday shopping season, Sunday delivery of Amazon products will be limited to the Los Angeles and New York metropolitan areas. In 2014 it is expected to expand to other cities including Dallas, Houston, New Orleans and Phoenix."
Re:what? (Score:4, Interesting)
Forcing people to compete by breaking them up is even more sadistic than simply making it hard for them to cooperate. When will this religion end?
Re:what? (Score:5, Interesting)
How about removing the ridiculous pension requirements that congress placed on them, then they would be profitable.
Re:what? (Score:3, Interesting)
The postal accountability law,2006, requires the USPS to actually do some proper financial management and dropping it would not make them competitive again; even ignore the money they owe for this they would of lost money for the last couple of years. Without the money set aside they would not be able the meet the obligations they agreed to back in the 1970s and the people who retiring now would not have the monies that they are suppose to get. Privatization would solve nothing of this since the obligations would follow the person who purchased the company.
BTW the 75 years is number of years that is for ACCOUNTING purposes they have to figure future liabilities. It is NOT how long they have to fund benefits. That 75 years of accounting is followed by the DoD, social security, department of Housing, etc.
Re:what? (Score:2, Interesting)
How about giving everyone else good pension requirements? How about a race to the top instead of a race to the bottom? We should be doing this globally, rather than cheering cheaper goods all the time at the expense of faraway people and then wondering where our jobs went.