Friday, September 21, 2012

More junk mail, less profit

Postal Service Plan: Kill Trees, Annoy People, Lose Money

"... Don't buy it. Junk mail is far less profitable than first-class letters. Increasing volume is at cross purposes with the vital goal, shared to some extent by Donahoe and Congress, of downsizing the work force and closing processing plants and low-traffic post offices. And, of course, Americans hate junk mail -- for good reason. It clutters not just our mailboxes but also our landfills: The Times reported in 2009 that less than half of regular mail is recycled, and 44 percent of it is discarded unopened. ..."   

Reference: www.bloomberg.com

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