USPS Collapse Could Be Nightmare for Some BusinessesAs a result of the coronavirus pandemic, the United States Postal Service, which has run at a loss for years, is even more cash-strapped.
Based on USPS projections, it will lose US$2 billion each month during the pandemic...
...During the pandemic, less mail is being sent, and sales of postal supplies are a major source of funds for the service.
Meanwhile, delivering Amazon packages no longer is a good source of income. In April 2018, the USPS handled about 62 percent of all Amazon packages shipped in the U.S.
Now Amazon's own delivery network, Amazon Logistics, handles between 46 and 50 percent of all Amazon orders in the U.S.
Amazon used USPS to deliver packages at below cost, Wang said. "This is why you see USPS trucks out there on Sunday morning delivering Amazon packages."
However, Amazon "has built up scale in delivering on the last mile," he pointed out, "and in a few years will not need the USPS."...
Apr 15, 2020
Crafters don't make what they should already for their handmade products (considering time and materials involved). What economical options do you know of for small business to use other than the USPS?
(lets keep this helpful and not political please)