Has the U.S. Postal Service lost revenue due to email?

Question

Or is it made up for by things like internet shopping and sites like e-bay?

Answer 1

Yes. They had a special about that on cnn not too long ago. & People pay there bills online these days too so the Postal service is going to continue to lose revenue.

Answer 2

Business Weeks says..

"That's a problem for the U.S. Postal Service (USPS). In addition to Net-savvy kids, businesses, which account for 95% of the U.S. mail stream, are cutting back on first-class. The trend isn't new -- it began with fax machines and gained speed with the Internet and the success of couriers such as FedEx Corp. But last year the post office passed a worrisome milestone: For the first time, first-class mail shrank in both volume and revenues. The latter fell by $617 million, to $36.4 billion"

Answer 3

corporation Weeks says.. "it quite is a mission for the U.S. Postal service (USPS). as well to internet-savvy youthful ones, agencies, which account for ninety 5% of the U.S. mail move, are reducing on spectacular. the shape isn't new -- all of it began with fax machines and gained speed with the internet and the success of couriers which includes FedEx Corp. yet very last 3 hundred and sixty 5 days the placed up workplace handed a worrisome milestone: For the first time, 1st-form mail shrank interior both volume and revenues. The latter fell by ability of employing $617 million, to $36.4 billion"

Answer 4

Thats why the keep upping the prices on stamps.

Even though USPS might have lost revenue, whenever I go to the postal office, its friggin PACKED. I think they are glad that its not as full as it used to be cuz even now its pretty busy.

If anything they make the same or more since now you can do anything with the USPS online. They are contributing to making online postages.

November 28, 2005 – For the US Postal Service’s fiscal 2006 year to date (YTD) (Oct. 1 through Oct. 31, 2005), total revenue was $5.9 billion, which was $198.1 million under planned budget. Total expenses of $5.7 billion was $53.7 million under plan. YTD net income was $276.6 million, which was $144.4 million under planned budget.



YTD mail volume was down 3.5 percent compared to the same time last year. Broken down by class:



· First-Class volume was down 3.5 percent



· Standard Mail was down 4.5 percent



· Priority Mail was up 5.5 percent



· Express Mail was up 4.8 percent



· Periodicals was up 2.6 percent



· Package Services was down 0.5 percent



· International was up 6.5 percent.



For the USPS’s 17-page fiscal report, click here http://www.usps.com/financials/_pdf/FY2006October.pdf

As some services are down, other services go up. I think they are still safe for now. This is for 11/2005 so I guess we'll see at the end of this year how well they do.

Answer 5

Heck no. Did you go to the post office at all recently. There are still LONG LINES (of people with eBay packages)

Besides, the Post Office never made money off of regular first class mail. They make the money on pre-sorted JUNK mail. Major banks send out billions of dollars worth of junk to get you to get another Credit Card.

The mail man does not go to your door with your precious hand written letters for nothing.... you get the JUNK that pays the freight.

So remember to say THANKS, as you drop that junk into the nearest trash can.

Answer 6

its obviously getting lower and lower to some point becasue the price of postage goes UP and UP. Even they are catching on to the online trend though, you can buy postage online. Also you can check the status of your package online if you get a confirmation number. I would imagine with prices rising and such they are probably not at much of a loss.

Answer 7

They have to be seeing a lower volume of mail with lots of people paying bills on line.

Answer 8

yes it has lost money. why do U think they keep raising the price per stamp, to mail by snail-mail? other ways of sending mail, & sending virtual/ or cyber mail means less volume of snail-mail for them.

Answer 9

its probably lost some money I'm sure of it but no big deal Santa still gets plenty of mail

Answer 10

Im sure they have...there are so many ways of sending mail now..