November 15, 200520 yr Why not just make it 40 cents and save another rate increase proposal in a year? To be honest with the increase in gas prices I am surprised they aren't looking for a bigger jump.
November 15, 200520 yr I love the post office. I think they're so efficient and charge a very reasonable price (even with the increase). That's all.
November 15, 200520 yr Author QUOTE(southsider2k5 @ Nov 15, 2005 -> 04:44 PM) Why not just make it 40 cents and save another rate increase proposal in a year? To be honest with the increase in gas prices I am surprised they aren't looking for a bigger jump. The post office was making a mint off the .37 cents for a while. They did a lot of re-bidding moving the postal mail around, cut costs, and fuel wasn't an issue really until about 15-18 months ago. In case you didn't know it, Fed-Ex moves most of the mail around now. I'm VERY familiar how all that went down.
November 15, 200520 yr QUOTE(kapkomet @ Nov 15, 2005 -> 10:49 AM) In case you didn't know it, Fed-Ex moves most of the mail around now. I'm VERY familiar how all that went down. So are we.. and they made a gazillion bucks off that deal..
November 15, 200520 yr Author QUOTE(Steff @ Nov 15, 2005 -> 04:54 PM) So are we.. and they made a gazillion bucks off that deal.. No s*** they did. Fed-ex fleeced the post office. And fleeced damn near every freight airline and HASP network in the country. Monopoloistic bastards.
November 15, 200520 yr QUOTE(kapkomet @ Nov 15, 2005 -> 10:56 AM) No s*** they did. Fed-ex fleeced the post office. And fleeced damn near every freight airline and HASP network in the country. Monopoloistic bastards. Out of the blue a few years ago they tried to bid on our LVP line.. basically small home delivery items. A small % of what they do now, at the time we were doing about 3+ million more a month then them exclusively.. Thankfully the CEO told them to get lost. They would have ruined it completely.
November 15, 200520 yr QUOTE(kapkomet @ Nov 15, 2005 -> 11:49 AM) The post office was making a mint off the .37 cents for a while. They did a lot of re-bidding moving the postal mail around, cut costs, and fuel wasn't an issue really until about 15-18 months ago. In case you didn't know it, Fed-Ex moves most of the mail around now. I'm VERY familiar how all that went down. Yeah, IIRC they got the last increase after 9-11 and Anthrax stuff right? Fuel has got to be their big cost now, and I doubt they are effecient enough to actually hedge their costs like some of the airlines do.
November 15, 200520 yr Author QUOTE(southsider2k5 @ Nov 15, 2005 -> 05:45 PM) Yeah, IIRC they got the last increase after 9-11 and Anthrax stuff right? Fuel has got to be their big cost now, and I doubt they are effecient enough to actually hedge their costs like some of the airlines do. Now, now... Read the thread again... who moves the mail? FED-EX. And yep, they hedge.
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