Down1
25th January 2013, 05:01 PM
The U.S. Postal Service, required to send congressional letters at reduced rates, can’t win regular business from the federal government, according to an inspector general’s report.
Private-sector competitors led by FedEx Corp. (FDX) and United Parcel Service Inc. (UPS) “consistently” have more than 98 percent of the $337 million annual shipping spending by federal agencies, according to the Jan. 18 report.
http://www.bloomberg.com/news/2013-01-23/postal-service-losing-to-fedex-ups-on-federal-shipping.html
http://www.bloomberg.com/news/2013-01-23/postal-service-losing-to-fedex-ups-on-federal-shipping.html
Private-sector competitors led by FedEx Corp. (FDX) and United Parcel Service Inc. (UPS) “consistently” have more than 98 percent of the $337 million annual shipping spending by federal agencies, according to the Jan. 18 report.
http://www.bloomberg.com/news/2013-01-23/postal-service-losing-to-fedex-ups-on-federal-shipping.html
http://www.bloomberg.com/news/2013-01-23/postal-service-losing-to-fedex-ups-on-federal-shipping.html