Mail Business, Real Estate Business, or Both?

In the late 1950s, McDonald’s executives discovered that being in the real estate business was more profitable than focusing solely on the food business. McDonald’s founder Ray Kroc had a business partner, Harry J. Sonneborn, who devised a plan to purchase or lease the land on which nearly all McDonald’s restaurants would be located. He then charged franchisees a monthly rental fee for the land, or a percentage of their sales, whichever was greater. The rest, as they say, is entrepreneurial history.

 

The Right Strategy on Intellectual Property Rights

The number of Postal Service patents has grown significantly in the past few decades, as have the patents for rival carriers FedEx and UPS. When compared to other industries, such as information technology and wireless communications, the Postal Service has not significantly leveraged its intellectual property or fully recognized the potential financial and strategic value of these assets. If the Postal Service considered the commercial significance of each of its patents and licensed its intellectual property, it might find a valuable source of significant revenue.

 

Surplus to Requirements

There has been a surplus in the U.S. Postal Service’s Federal Employees’ Retirement System (FERS) pension program since 1992. Most recently, the FERS surplus was projected to be $11.4 billion, accounting for most of the Postal Service’s total $13.1 billion pension surplus.

The Office of Inspector General (OIG) asked Hay Group, an actuarial firm, to examine the causes of the FERS surplus, and a new OIG white paper presents the results of Hay Group’s work.

 

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Recent Comments

  • 1 day 5 hours ago
    What needs to happen is for Amazon to create their own delivery service, which would take all the package deliveries back from the Usps. The USPS is just not capable on many levels to deliver mass...
  • 4 days 5 hours ago
    If all of USPS packages follow the shipping progress of my current one...then I know how you can save money. Package went from Pleasant hill, ca, east of San Francisco, to San Mateo,ca west of SF, ca...

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