The Troubled Path of the U.S. Postal Service

The video discusses the challenges faced by the USPS, including its inability to control pricing, its low postal rates compared to other countries, and its collaborations with companies like FedEx and UPS. It also covers the USPS's early recognition of the internet's impact and its financial struggles due to legislative constraints. The USPS anticipated the rise of electronic mail in the 70s but faced regulatory and financial hurdles. The organization is tied to Congress, limiting its autonomy and ability to adapt to the rapidly changing delivery landscape.

What is one major challenge faced by the US Postal Service in terms of pricing?

• They can set their own prices freely.

• They have the highest postal rates in the world.

• They cannot control their prices.

• They have no competition in the market.

How does the US Postal Service collaborate with FedEx and UPS?

• The Postal Service outsources all its work to FedEx and UPS.

• FedEx and UPS handle all postal deliveries.

• They compete directly without any collaboration.

• FedEx and UPS use the Postal Service for cheaper package deliveries.

What was the US Postal Service's initial response to the rise of electronic mail?

• They waited until the 2000s to address it.

• They developed an electronic mail system in the 70s.

• They ignored the potential impact of electronic mail.

• They partnered with tech companies immediately.

What was a significant obstacle for the US Postal Service's electronic mail system?

• Lack of interest from the public.

• High costs and regulatory issues.

• No competition from private companies.

• Immediate success and profitability.

What is a major issue currently affecting the US Postal Service?

• Unlimited funding and resources.

• Excessive red tape and lack of legislative change.

• Complete autonomy from Congress.

• Rapid technological advancements without challenges.