As I See It: Quickest path to Postal Service disaster: Make mail more expensive
September 24, 2013
The United States Postal Service Board of Governors meets in Kansas City today to debate what to do next with the nation’s troubled mail delivery service. USPS has posted $20 billion in net losses in the past two years and the root of its troubles is no secret. First-class mail has moved rapidly to the Internet and USPS’s large network and cost structure hasn’t adapted quickly enough to the change.