Today’s topic in our week-long series on What America Wants from the Postal Service considers ways in which the Postal Service could generate revenue to sustain its operations. The Postal Service’s future financial health depends on its ability to generate revenue, as well as cut costs (yesterday’s blog topic). In the larger debate about reinventing the Postal Service’s business model, the topic of allowing the Postal Service to offer non-postal products and services frequently emerges.
In 2001 First-Class Mail (FCM) hit an all-time peak of 104 billion pieces. Fast forward to today and it is down more than 40 percent.
Well, if you’re a reader of this blog, you also know that despite this, First-Class Mail remains the biggest provider of revenue and contribution (profit...Read More