(12-12-2024, 07:29 PM)captivating Wrote:

(12-12-2024, 06:51 PM)americus 2.0 Wrote: Someone explain to me how they lose that kind of money and do it year after year. I really don't get it.

Because they support the infrastructure to support an ever shrinking market of stamps and letters. If they operated like a public company, they would have ditched the stamp and letter biz a decade ago.

We used to mail bill payments in every month, mostly because hubby didn't trust paying anything online, but started having to pay online because the payments weren't reaching the recipients more often than not. And it was really random as to who wouldn't get the payments. So I took over bill paying and it's all online and nothing is ever late. 

We (and many in our area) also have issues with mail carriers not delivering our mail to our address which is a huge problem for our side business when clients mail payments to us, specifically the monthly ones from businesses who you can't simply call and to say we never received payment. There is a process that takes forever and it sucks. 

One of these businesses offers a direct deposit payment but it goes 35 days, not 30 days as per our contracted agreement for payment, plus it would cost us. A bunch of crap if you ask me. 

Anyway, the USPS should be required to restructure before they see anymore bailouts from the government. But good luck with that.

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