Obama: UPS and FedEx are doing fine, it's the USPS that sucks

[TraderZones]

Quote from Mercor:

Are you a businessman? When revenues drop you try to find new revenue sources and reduce your overhead. A badly managed company will do neither and die.
Look at AT&T they lost a monopoly on phone service. They seem to be doing ok now.

Except the USPS has mandates from the govt - trying to get away from Saturday deliveries, funding their pension plan, closing post offices, being told how much they can raise their rates, etc.

When a private business does this, it is generally fine. But the USPS is hamstrung by congress and other govt obs.

Also, Fed Ex and UPS do not have to deal with things like "book rate" packages, or first class mail. They cherry pick their markets. USPS has to pick up mail even from places with almost no people.

Best thing in the world would be to privatize the USPS and let it run its model according to market demands.

 

[Mercor]

I don't see the USPS giving up monopoly on first class mail any time soon.
This creates a very good NO RISK investment in "forever stamps". You buy a stamp at today's price and can use it or sell it at any time in the future.
I see first class mail costs to rise dramatically far more the inflation or any other investment.
Today’s stamp costs 42cents I could see that double in a year or two.
Congress will have to change their rules

 

[Anaconda]

Quote from Mercor:

For profit companies do a better job taking care of its customers

How does that explain the shitty service UPS provides and the subpar service Fedex provides?

USPS is cheaper & better.

 

[Landis82]

Quote from insider trading:

The best manager in the world cant help the fact that people pay bills online now

The best manager in the world cant help the fact email is much faster then a letter

The best manager in the world cant help the fact that health care costs go's up 10 % a year

The best manger in the world cant help the fact that fuel prices keep going up with less people mailing letters but they still have to make door to door delivery's 6 days a week

Even companies no longer want to use the mail.Every time I log into my trading account or credit card accounts I get asked do I want to switch to paperless billing or statements

Exactly.
And there is nothing that UPS or FDX can do about it.

 

[Landis82]

Quote from TraderZones:

Except the USPS has mandates from the govt - trying to get away from Saturday deliveries, funding their pension plan, closing post offices, being told how much they can raise their rates, etc.

When a private business does this, it is generally fine. But the USPS is hamstrung by congress and other govt obs.

Also, Fed Ex and UPS do not have to deal with things like "book rate" packages, or first class mail. They cherry pick their markets. USPS has to pick up mail even from places with almost no people.

Best thing in the world would be to privatize the USPS and let it run its model according to market demands.

One of the more intelligent posts on this thread.
And as usual, the Mercor's and Lucrum's basic knowledge of the subject matter pales in comparision to everybody else.

I don't believe that I have ever seen anyone know
so little... about so much.

These guys constantly voice an opinion without even the slightest understanding of the fundamentals of the topic. Almost makes you think that they are the SAME person, with aliases and are simply posting here on ET at the behest of Baron so that web-activity can be generated in order to show ET's current and potential advertisers.

One more thing for the geniuses... There are unique differences between UPS and FDX. They should not necessarily be lumped together.

UPS is union.
FDX is not.

Big difference.

 

[Mercor]

Quote from Landis82:



UPS is union.
FDX is not.

.

You're fricken brilliant.

Your level of knowledge is completely in the realm of the obvious. Your knowledge is redundant to a sixth grader.

 

[Anaconda]

Quote from Landis82:


UPS is union.
FDX is not.

This actually explains volumes. Thanks for the info. You're not all bad.

 

[Lucrum]

Quote from Landis82:


And as usual, the Mercor's and Lucrum's basic knowledge of the subject matter pales in comparision to everybody else.

You mean "everybody else" who agrees with you?

I don't believe that I have ever seen anyone know
so little... about so much.

These guys constantly voice an opinion without even the slightest understanding of the fundamentals of the topic.

Says the short fat bald loudmouth know it all jackass who thinks he has an answer for everything.

Almost makes you think that they are the SAME person, with aliases and are simply posting here on ET at the behest of Baron so that web-activity can be generated in order to show ET's current and potential advertisers.

Ground already covered shit head, AND you post more than TWICE as much as I do.
Like you I had only one alias in the past and only have one now and my post count is the cumulative total of both.

 

[Aletheia]

Quote from insider trading:

The best manager in the world cant help the fact that people pay bills online now

The best manager in the world cant help the fact email is much faster then a letter

The best manager in the world cant help the fact that health care costs go's up 10 % a year

The best manger in the world cant help the fact that fuel prices keep going up with less people mailing letters but they still have to make door to door delivery's 6 days a week

Even companies no longer want to use the mail.Every time I log into my trading account or credit card accounts I get asked do I want to switch to paperless billing or statements

The best manager in the world understands the marketplace and adjusts the business model accordingly to meet the demands and needs of its customers before they happen. A foreign concept to those that support socialism, but true nonetheless.

You are welcome.

 

[Aletheia]

Quote from insider trading:

AT&T was able to switch to different business ventures.Internet service,Cell phone Service ,other wireless services

The post office cant just switch to different business ventures,the main purpose of the post office is mail service

Ahhhh, I now see the flaw in your thinking; a pony express mindset in a space shuttle world.

Please continue!