Thread: Internet & USPS
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Old February 12th 16, 11:26 PM posted to rec.collecting.stamps.discuss
Victor Manta
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Posts: 1,256
Default Internet & USPS

Internet was always the bête noir of the USPS because the usage of e-mail
reduced very significantly the mailing of letters.

I learned with satisfaction that: "Helped by a surge of Christmas parcels,
the United States Postal Service reported an operating profit of $1.3
billion in the first quarter of fiscal 2016, which ended Dec. 31, 2015."

Postmaster General Megan Brennan said that : "Christmas and other holiday
greeting card volume dropped by 4.4 percent this fiscal year while packages
surged about 18 percent, ... , crediting the pricing of Postal Service
parcels for the surge."

But Fredric Rolando, president of the National Association of Letter
Carriers, said the good results ... show the impact of an improving economy
and “Internet-driven online shopping,” which boosted parcel growth.

Source:
http://www.linns.com/news/postal-upd...t-quarter.html

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