Over the past five years, internet services like online banking and e-mail have increasingly replaced traditional mail, causing Postal Service industry revenue to decline. The industry's sole operator, the US Postal Service, has also been subject to government-mandated expenses such as retiree benefits, which have greatly contributed to operating losses in recent years. The industry will continue to struggle over the next five years, as mail volume will decline despite improving business activity. However, the industry will offset some losses by reducing wage costs and exploring new revenue streams.
This industry includes establishments that operate the national postal service and perform one or more postal services such as sorting, routing and delivery. Establishments that operate on a contract basis (except the bulk transportation of mail) are included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
