Direct Mail Outlook : Education, Tools Remain Key
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Erik Cagle
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The USPS remains in a state of flux. It's shed 100,000 jobs the last three years alone, reaping cost savings of more than $10 billion. But it lost $8.5 billion in its latest fiscal year ending Sept. 30, and has incurred net losses in 14 of the last 16 fiscal quarters There were 700 million fewer pieces in the mail stream during Q3 compared to the previous year, and overall volume is down a whopping 20 percent since 2007.
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Erik Cagle
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