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Published byJasmin Melton Modified over 9 years ago
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CRYSTAL ZUFELT CRYSTALMICHELE08@AOL.COM JORDAN WILSON JRW0318@AOL.COM KEVIN DANISAVAGE KEVINDANISAVAG@GMAIL.COM IDS 1999 November 30th, 2012
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Itinerary History Problems Resulting Revenues Future
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History Important Dates: Benjamin Franklin 1775 Postage Stamps 1847 Air Service 1918 Zip Codes 1963 Public Subsidy 1982
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Financial Problems Sept. 30 th, 2012 – $ll.6 billion total losses $5.7 billion lose year before $153 million decrease in revenue in last quarter Up $1.9 billion resulting in $20.8 billion last quarter.
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Resulting Problems 16,000 Post Offices in deficit 2,000 closing Jobs lost 130,000 “Snail Mail”
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Revenues First-Class Mail $32.2 billion Advertising $17.8 billion Shipping Services $9.0 billion Periodicals $1.8 billion Package Services $1.6 billion Not taxpayer dollars
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Future U.S. senate moved to consider legislation Bill saves USPS about $22.5 billion by 2016 -Curtailing delivery services - Closing facilities - Offering buyouts to workers Discussions on more are being held No mention yet on the cancellation of health care.
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How It Works
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Sources Pictures http://www.antiqueairfield.com/images/airmail_poster_275.j pg Information http://about.usps.com/who-we-are/postal- history/welcome.htm http://www.nytimes.com/2012/11/16/us/politics/postal- service-reports-a-nearly-16-billion- loss.htmlhttp://www.dailyfinance.com/2010/03/02/losing- money-isnt-the-u-s-postal-services-only-problem/
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