“Watch out Versace and Chanel. Next year the US Postal Service plans to start selling its own clothing range, based on its uniforms. There was a time when your local post office would mainly sell stamps and deliver letters. No longer. According to the Universal Postal Union (UPU), global letter- and light parcel delivery volumes dropped by 3.7 percent in 2011 from a year earlier, and by 5.1 percent when just counting Europe and the former Soviet Union. USPS tripled its losses in 2012, losing $15.9 billion as the state-owned enterprise faces tough competition and what it calls onerous and unfair retirement funding requirements.”
(Visited 464 times, 1 visits today)
Related posts:
Florida won’t investigate police shooting of Chechen man during questioning
CBO: Health-Law Tax to Hit 50% More Than Estimated
Gold Price Oscillator (Year over Year Price Change %)
Bitcoin’s Washington problem
Up in Smoke
Swiss court OKs Credit Suisse client data transfer to IRS
Amnesty calls on U.S. to explain its ‘license to kill’ with drones
HSBC imposes restrictions on large cash withdrawals
ObamaCare – An Explosion of Regulatory Burdens
Dollars Vanish as Tourists Grab Argentine Bondholder Cash
Cypriot finance minister says "no truth" to resignation reports
IRS lawyers defend $2B tax bill to Bill Davidson estate
AT&T paid for access to 4 billion call records a day for federal, local drug investigations
Venezuela unveils largest-ever bill, worth a few US dollars
Commodities: High metal prices can put lives in danger