JRTinMA said:
I don't think the poster was suggesting it wasn't a good deal. I think it was in reference to the USPS financial performance which has been abysmal. It lost over 8B USD last year.
And I'm telling you why they are in the red. Their rates are not set according to economic factors such as demand or costs. Their rates are the results of politics.
Because they cannot raise rates. Take a look at what the competition charges for 2day parcel service. The post office blows them away.
They have to go to Congress whenever they want to raise rates on first class mail and
because USPS has become a phony symbol of Government inefficiency, by the
privatization party(code) in the USA they are being intentionally sabotaged..
I know this for an absolute fact.
Send a first class 44 cent letter anywhere in the continental US like from NY to LA or basically anywhere and it gets there in two days max.
USPS and FEDEX signed a billion dollar pact in August of 2001 for FEDEX to become their mail carrier after Emery? became unreliable. The contract was doubled a couple months later after 9/11.
Contrary to the way Fedex portrays it, the 9/11 tragedy was a giant windfall for Fedex because of tightening restrictions on commercial airlines.
Commercial airlines began the known shipper program and cargo airlines have very few restrictions.
Put it this way, if you're nuts, there are very few restrictions or safeguards on cargo flights.
That is why federal officials won't comment on cargo security. Because there is basically no security at ALL. They'd have to lie to reassure the public.