US Postal Service interested in embracing e-commerce to revolutionize

The US Postal Service is thinking about heavily investing in e-commerce, hoping to slow the financial bleeding.

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The US Postal Service is desperate to attract customers and business clients interested in making shipments via the USPS service. Since 2012, the USPS has ramped up efforts to appeal to e-commerce businesses to combat stiff competition from FedEx, UPS, DHL, and other rival services.

US Postal Service interested in embracing e-commerce to revolutionize | TweakTown.com

The e-commerce business sector continues to increase, and fighting for customers making frequent shipments has proven difficult for the USPS. However, real-time package scanning and new handheld scanners of delivery workers are two strategies besieged Postal Service executives have tried implementing.

Fighting for profitability will remain a major undertaking for the USPS, as first-class mail - the most profitable business for the USPS - continues to slide, contributing to the $5.5 billion fiscal 2014 loss suffered by the Postal Service.

NEWS SOURCES:reuters.com, vosizneias.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown to cover everything from cars & electric vehicles to solar and green energy topics. A former Staff Writer at DailyTech, Michael is now the Cars & Electric Vehicles News Reporter and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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