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Old 12-17-2013, 03:08 PM   #16
Pineedles
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I don't work for the USPS, nor am I a vendor, but am in the mailing industry and know why the USPS is having a problem. While emails and electronic payments have cut into their business the real problem is that per an act of Congress in 2006, the USPS must pre-fund their employee retirement for the next 75 years. No other agency of the government is burdened with this requirement. To date they have pre-funded 44 Billion dollars. If you are interested in knowing the whole truth, take a look at an article that was written in Time magazine. BTW, as a manufacturer and shipper of parts to customers, UPS and FedEx have lost packages that were shipped out of my plant numerous times, and unless I insured them for a hefty cost, all I got back was 50 bucks max.

http://business.time.com/2013/02/07/...stal-delivery/
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