Saturday mail delivery through the United Stated Postal Service will be a thing of the past beginning August 1, 2013. It's a move focused on cutting costs as the USPS tries to deal with, and recover from, massive financial losses due to mandatory retiree health care benefits, and should end up saving the struggling agency about $2 billion per year. Not all Saturday mail activity will go away--packages will still be delivered, P.O. boxes will receive mail as usual, and post offices will still be open on Saturdays. Of course, with the proliferation of email, snail mail demand has decreased significantly over the years. We're sure that this is unwelcome news for Netflix DVD subscribers, but on the bright side, with Saturday mail delivery ceasing, it's another junk mail-free day to look forward to on the weekend.
Read More | AP
Take a look at Zumbox, a startup that is a nationwide paperless postal service. They have one virtual mailbox for every street address which they estimate at 150MM+. To use the service, after signup you type in your street address and view your mail as an envelope. Use it to send mail to any other address, including your bills, statements and personal mail. It costs nothing to receive mail and you can send free a “small amount.” Businesses will pay an introductory price of $.02 per address for large mailings.
Read More | Zumbox
Apparently, the office of the USPS Inspector General is not happy because the mailers that Netxflix uses have to be sorted by hand. They estimate that it is costing them about $21 million a year and have suggested that the company include a 17 cent surcharge from now on. Tony Wible, a Citigroup analyst who wrote the report, says that the income that Netflix receives per subscriber would fall from $1.05 to 35 cents. We know that Netxflix, which mails out about 1.6 million movies a day, is clever enough to create a redesigned mailer sometime soon.
Read More | The New York Times
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