While Selwyn Epperson continues to spout the United States Postal Service line, he does not report the growth in other areas. According to USPS’s financial statement:
“While not as strong as Quarter I, 2013, standard mail revenue in Quarter II, 2013 continued to increase over the same quarter in the previous year which represents the second consecutive quarter of year-over year growth after five consecutive quarters of decline. For the six-month period ended March 31, 2013, standard mail revenue of $8,674 million increased $237 million, or 2.8 percent, on a volume increase of 964 million pieces, or 2.4 percent, compared to the first six month period of 2012.
“In Quarter II, 2013, the Postal Service introduced promotional incentives for advertisers designed to promote the integration of mobile technologies into marketers’ direct mail pieces; enticing them to keep mail as an essential part of their marketing mix. We expect the positive results of these offers to have a greater impact in the months ahead. Total Shipping and Packages revenue of $3,128 million for the three month period ended March 31, 2013, increased $267 million, or 9.3 percent, as compared to $2,861 million in the three month period ended.”
The increases are reflective of our successful efforts to take advantage of the growing area of shipping and packages and compete in the ground shipping services and “last-mile” e-commerce fulfillment markets.
Meanwhile, international mail for the three-month period ending March 31 and 2012, revenues were $748 million and $716 million, respectively, an increase of $32 million, or 4.5 percent. This increase was driven by rate increases for international services. Year-to-date international mail revenues were $1,557 million, an increase of $34 million, or 2.2 percent, more than the six months ended March 31, 2012, according to the financials of the U.S. Postal Service.
The decline in first-class mail was more than offset by gains in standard mail and in package deliveries — providing the operating profit. This operational profit was due in particular to a 4.7 percent jump in package deliveries — higher than FedEx or UPS — and to record efficiency gains by the workforce, the Postal Service reported Friday.
Eliminating Saturday delivery would undermine this booming package business by degrading the Postal Service’s competitive advantage. At present, because the USPS already delivers mail to 151 million addresses six days a week, including Saturday, it delivers packages more inexpensively than its competitors.