- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: USPS/Amazon losing money question...
Posted on 1/1/18 at 8:16 pm to Kafka
Posted on 1/1/18 at 8:16 pm to Kafka
quote:
I once read that the USPS losing money was not due so much to its delivery system, but rather all the money tied up in its pensions
This is the correct answer. I knew one of the local postmasters. Guy was a veteran, then retired from the post office as well. Dude was raking it in.
Posted on 1/1/18 at 8:24 pm to DEG
quote:
Modelo is a Mexican beer. It’s called targeted advertising, you tool.
frick you,promoting illegal immigration has nothing to do with beer.
The idea that people who want border control are against legal immigration done the correct way is a God damned lie.
Posted on 1/1/18 at 9:49 pm to Andychapman13
quote:
USPS lost $5.1 billion in 2014, $5.6 in 2015, $6.7 in 2017
But they make it up in volume.
Posted on 1/1/18 at 10:10 pm to DavidTheGnome
quote:
These marketing departments are having a tough time learning a lesson.
White male conservatives were not the target market silly.
Watch the comercial again and pretend you are a Mexican immigrant, the target audiance, and it is a bit more appropriate.
Posted on 1/1/18 at 10:43 pm to cameronml
quote:
If they raised rates on Amazon, Amazon would just start using FedEx or UPS and USPS would lose even more
So Amazon is actually making them money by keeping their deficit lower than it would be if they did not ship for Amazon.
In short, Trump is full of shite with his tweet about Amazon and the Postal Service and his sheep fall for it like everything else.
This post was edited on 1/1/18 at 10:46 pm
Posted on 1/1/18 at 10:46 pm to DEG
Raise the price of the postage stamp.
Deliver mail three times a week cutting the need for personnel in half in bigger cities. Create Group One and Group Two. Group One gets Monday, Wednesday and Friday delivery and Group Two gets Tuesday, Thursday, Saturday delivery.
Deliver mail three times a week cutting the need for personnel in half in bigger cities. Create Group One and Group Two. Group One gets Monday, Wednesday and Friday delivery and Group Two gets Tuesday, Thursday, Saturday delivery.
Posted on 1/1/18 at 10:49 pm to cameronml
You guys are real pieces of work. You really have a problem with pensions and making sure people are taken care of when they retire. Do you even hear yourselves? bunch of douchebags.
Posted on 1/1/18 at 11:00 pm to Ebbandflow
You can’t make changes quickly, it’s too political. It used to serve a valuable function to the community but that’s not really the case with email. Something on the order of 50% of their volume is junk mail.
Posted on 1/2/18 at 2:43 am to cave canem
quote:
Watch the comercial again and pretend you are a Mexican immigrant, the target audiance, and it is a bit more appropriate.
I think they know there is a border, as they made a point to be on this side of it.
I’d think legal immigrants would be proponents of a secure border. They chose not to live Mexico. No border and they are back in “Mexico” in months.
Do you mean they are catering to illegal immigrants? Well I guess it’s a much larger market than it was 8 years ago
This post was edited on 1/2/18 at 2:50 am
Posted on 1/2/18 at 2:56 am to TheMidasTouch
quote:nailed it!
So Amazon is actually making them money by keeping their deficit lower than it would be if they did not ship for Amazon. In short, Trump is full of shite with his tweet about Amazon and the Postal Service and his sheep fall for it like everything else.
Posted on 1/2/18 at 3:52 am to skinny domino
quote:Not really.quote:
Trump is full of shite with his tweet about Amazon and the Postal Service and his sheep fall for it like everything else.
nailed it!
The truth is somewhere in the middle.
While package shipment is profitable, the USPS has undercharged average per parcel pricing by up to $1.50/pkg. They are still making money. Just not as much. However, in Amazon's case, cost of Sunday delivery must also be factored. When it is, profitability is questionable.
The USPS ships ~40% of Amazon's goods. Would they lose that business if they raised their rates? Possibly. Would that increase % of deficit? Yes.
Would it also shrink the size of the USPS workforce? Probably. Would the combination of a smaller operation with a higher deficit fraction shrink the size of the USPS cost to taxpayers? The answer is probably so, but it's not cut-and-dry.
The USPS runs chronic deficits. Those deficits are due in large part to pensions and other employee benefits. Cutting the size of the workforce could well cut the deficit, not necessarily as a % of earnings, but as a gross number. i.e., taxpayer cost of a $25Billion company running a 25% deficit vs a $15Billion company with a 35% deficit. Obviously neither is desirable, but the 35% deficit actually saves $1Billion/yr.
So that is where the Amazon deal gets dicey,
Posted on 1/2/18 at 6:11 am to Andychapman13
I had been under the impression that Amazon had helped USPS cut their operating deficit dramatically.
This is absolutely ridiculous. I resent subsidizing Amazon while their owner contributes to globalism and anti-Trump activism.
This is absolutely ridiculous. I resent subsidizing Amazon while their owner contributes to globalism and anti-Trump activism.
Posted on 1/2/18 at 7:16 am to Kafka
quote:
I once read that the USPS losing money was not due so much to its delivery system, but rather all the money tied up in its pensions
it's part of it. It's a combination of three things
Guaranteed pensions
Unionization of the postal workforce (guaranteed yearly raises regardless of performance, nearly impossible to fire anyone) They had a postal worker caught on camera in baton rouge literally getting into a fist fight with someone and he still has a job.
Inability to raise postage costs to reflect inflations due to government bureaucracy.
Posted on 1/2/18 at 8:26 am to Andychapman13
USPS is a government operation. Why is it allowed to cut deals w Amazon without approval from Congress, or at least higher up approval.
I guarantee you that's why Trump is attacking bezos.....gonna bring his ads to the table.
I guarantee you that's why Trump is attacking bezos.....gonna bring his ads to the table.
Posted on 1/2/18 at 9:02 am to Ebbandflow
quote:
You guys are real pieces of work. You really have a problem with pensions and making sure people are taken care of when they retire. Do you even hear yourselves? bunch of douchebags.
Well, TD isn't a fan of participation trophies.
Posted on 1/2/18 at 9:05 am to Kafka
quote:
I once read that the USPS losing money was not due so much to its delivery system, but rather all the money tied up in its pensions
The pension issue is a problem (as Congress is requiring it to fully fund all future liabilities currently, something it can't do and no private company is required to do), but it isn't the only problem.
They are also hurt by subsidizing junk mail deliveries. So YOU pay to have your mailbox flooded with garbage that ends up in your garbage can (or recycling bin).
Posted on 1/2/18 at 9:06 am to WPBTiger
My guess is that a lot of this is inside jobs.....USPS driver gets a homeboy to follow him on route and tips him off to the packages that he should swipe after delivered.
Posted on 1/2/18 at 9:07 am to Andychapman13
Pensions kill them. They actually profit on delivery they lose on pensions.
Posted on 1/2/18 at 9:12 am to Quidam65
I just throw it into the ditch. Garbage cans and "recycling bins" are for Commie hippies.
Posted on 1/2/18 at 9:12 am to The Pirate King
after 25 years they get 60% of their highest pay for life.
After 30 I think it's 65%.
Pension no 401k.
Pretty sweet seeing that management is a six figure position.
After 30 I think it's 65%.
Pension no 401k.
Pretty sweet seeing that management is a six figure position.
Popular
Back to top
Follow TigerDroppings for LSU Football News