Amazon is one of the only things keeping the US Postal service afloat
September 24, 2014
The US Postal Service does a staggering amount of work, when you sit down and really think about it: it delivers 158 billion pieces of mail per year, the vast majority of them on time. And it also has some staggering financial problems.
All of those troubles have a lot to do with digital communications -- it's quicker to send Grandma an e-mail or even a text than a card -- but there are plenty of other moving parts. Here are 9 charts that explain what's going on with the US Postal Service.
- The westward spread of postal service
- The fast death of your friendly neighborhood mailman
- The check is not in the mail
- Lots of work for far fewer workers
- The ever-rising (but really quite stable) cost of postage
- Revenues vs. expenses
- Packages are helping the USPS stay afloat
- Prefunding retirements
- Postal banking
Amazon is one of the only things keeping the US Postal service afloat