Email a copy of 'USPS Predicts Profits a Day after Announcing July 2022 Rate Hike' to a friend
E-Mail 'USPS Predicts Profits a Day after Announcing July 2022 Rate Hike' To A Friend
Email a copy of 'USPS Predicts Profits a Day after Announcing July 2022 Rate Hike' to a friend
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Have these genii factored in the millions upon millions they will lose to Fedex and UPS because of their asinine $15 surcharge on cartons over 30″?
I hope their not including long packages in the net profits thru 2024, I’m one seller and just pulled $25k postage per year in fishing rods, image the tens of thousands including golf club sellers. I’ve said it several times, each rate increase is a decrease in sales. With all the fees, shipping, taxes and increase shipping supply increases are killing small businesses.
FYI : It costs over $100 to ship via USPS a 5 LB 20 X 20 X 12 box to Idaho.
If they aren’t making a HUGE profit now…..
So, they learned how to hobble America.
I have been getting several phone calls from the USPS rep lately to solicit me for my shipping. I never got these phone calls in 19 years of online selling. I asked why it is taking over a month to have parcel select packages delivered, loosing me money because I have to give refunds ? ? ? She said she could not help with that and to call another number about that.. I said I thought you could give me an answer on this problem with parcel seledt taking over a month for delivery. She said no I am here to help you with your shipping.. I told her I was going to now use FED EX and I hung up on her. FED ex and UPS has been courting my business for years. Last year I spent over 58k on shipping. My USPS carrier hates her job….. Let that sink in!
And this is what sellers do not understand….USPS is for smaller Priority mail parcels so it’s designing it’s business model for just that. This isn’t just my opinion, this is info from my local USPS. USPS says they do not have the facilities nor the truck space for larger parcels. Just look at the size of USPS trucks which are much smaller than FedEx and UPS trucks. USPS will further increase fees on larger packages, by design, because larger parcels take too much space for the typical post office and delivery trucks.
And those who are paying for just First-Class mail vs. Priority mail. USPS cannot afford to care if your packages becomes lost because you haven’t paid for insurance.