Tuesday, August 4, 2009

us post office

there is news that us post office is in loss of 7 billion dollors. well i was not surprised with type of services and revenues they collect.
it will be interesting how the more huge postal services of india, china etc survived. they simply curtailed delivery days(yes) but more importantly they DIVERSIFIED into banking services such as collection savings, deposits, selling mf, selling stocks. another thing was use of internet... they use internet to deliver money order messages urgent telegrams are only by internet. inernet is used to deliver some letters in remote area also. actual pay load of post is now reduced drastically with savings on transportation and delivery cost. they are competing with courier services with onset of speed parcel delivery. good us poat must innovate to servive. only doing age old thing wont work in 21st century.

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