EagleTribune.com, North Andover, MA

Business

November 21, 2012

Cash-strapped post office tests same-day delivery

(Continued)

“We’re trying to revolutionize shipping; we’re not simply trying to get a niche market of consumers,” said Gary Reblin, the Postal Service’s vice president for domestic products. He believes people of varying ages and income levels — young adults who don’t own cars, older Americans who are less mobile — will welcome avoiding costly or time-consuming trips to the store.

By targeting big partners, Reblin said, the post office eventually hopes to push pricing down by making same-day delivery a standard option on retail web sites.

The new same-day offering is part of the post office’s blossoming shipping and packaging business. That sector was one bright spot in the mail agency’s dismal 2012 financial report, which showed a loss of $15.9 billion and forecast more red ink next year

This holiday season, the post office expects a 20 percent jump in its package volume, higher than its shipping rivals.

Text Only | Photo Reprints
Business

Financial News
Stocks
Photos of the Week