While the Postal Service leads the world in processing letter mail, private sector competitors have a higher market share for parcels. And while letter volumes are decreasing, parcel volumes are projected to increase. Although parcels represent less than 2 percent of mail volumes, the Postal Service parcel business makes up 13 percent of the market share in the U.S. The chart on the left depicts the market share for parcels. Just how do parcel industry giants keep their costs down and productivity up, even in today’s economic environment?
Did you know that July 1 is National Postal Worker Day? In its honor, we’re going to run a blog series during the month of July that focuses on the value the Postal Service brings to the nation. We all know the Postal Service delivers mail to almost every address six days a week. And there is...Read More