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The much-maligned (I, II) USPS announces that it will raise the price of first-class postage...

The much-maligned (I, II) USPS announces that it will raise the price of first-class postage 2.2% to $0.45 beginning Jan. 22. The rate increase will only make small inroads into the agency's staggering ~$8B budget deficit. The next phase for mail: A number of startups such as Zumbox, Doxo, and Manilla aim to take off as online mail alternatives, while Pitney Bowes (PBI) and Stamps.com (STMP) also stand well-positioned to jump into the breach with their services.
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Comments (5)
  • Stone Fox Capital
    , contributor
    Comments (7009) | Send Message
     
    will just encourage lower volumes and no revenue gains for the USPS. When will it learn that better customer service, better options, and higher productivity are the only way out of this mess.

     

    Should lower the cost to encourage demand.
    18 Oct 2011, 04:07 PM Reply Like
  • Wyatt Junker
    , contributor
    Comments (4503) | Send Message
     
    Government. Its so... innovative.
    18 Oct 2011, 04:07 PM Reply Like
  • User 353732
    , contributor
    Comments (5013) | Send Message
     
    Obsolete product; falling demand; high cost and multiple alternatives: what business could arbitrarily raise prices to feed the maw of legacy costs under these circumstances?.

     

    A business would either drastically adjust its cost structure and service value or go bankrupt and become extinct. So should the USPS..
    18 Oct 2011, 04:09 PM Reply Like
  • kmi
    , contributor
    Comments (4312) | Send Message
     
    Hey it isn't obsolete as long as you get your tax bill through it....
    18 Oct 2011, 07:58 PM Reply Like
  • kcr357
    , contributor
    Comments (567) | Send Message
     
    GM seems to have figured it out...
    19 Oct 2011, 11:16 PM Reply Like
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