July 28, 2011

Competitors Circle as Postal Service Considers Service Cutbacks

Competitors Circle as Postal Service Considers Service Cutbacks - In a recent conference call discussing his company’s performance, Kurt Kuehn, Chief Financial Officer of United Parcel Service (UPS), said the proposed closing of about 3,600 post offices could benefit the Postal Service’s chief competitor.

“I think any time a competitor pulls back capacity and access, it’s an opportunity,” Keuhn said. “So clearly, we will look at the gaps that are there, and we’ve got a wonderful footprint with the UPS Store and offering consumers and small businesses good access.”

If UPS sees filling the gap left by reduced service as an opportunity to make money, can’t the Postal Service find a way?

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