The Troubled Path of the U.S. Postal Service

The video discusses the challenges faced by the USPS, including its inability to control pricing and its position in the Fortune 500. It compares USPS rates with international postal services and highlights collaborations with FedEx and UPS. The USPS's early recognition of the Internet's impact and its failed electronic mail system are explored. The video concludes with the USPS's financial struggles and the need for legislative changes to improve its situation.

What is a significant challenge faced by the US Postal Service regarding its pricing?

• It can set its own prices freely.

• It has the highest postal rates in the world.

• It cannot control its own prices.

• It has no competition in the market.

How does the relationship between the US Postal Service and companies like FedEx and UPS work?

• FedEx and UPS outsource some of their deliveries to the Postal Service.

• The Postal Service outsources all its deliveries to FedEx.

• The Postal Service and FedEx are direct competitors with no collaboration.

• FedEx and UPS do not interact with the Postal Service.

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

• They ignored the potential impact of electronic mail.

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

• They waited until the 2000s to address electronic mail.

• They partnered with tech companies to create email services.

What was a major obstacle for the US Postal Service's electronic mail system in the 70s?

• Technological limitations of the time.

• High costs and regulatory issues.

• Lack of interest from the public.

• Competition from private email providers.

What is a current issue faced by the US Postal Service according to the transcript?

• Lack of collaboration with other companies.

• Too much freedom in setting postal rates.

• Drowning in red tape and needing legislative change.

• Excessive autonomy from Congress.