Cash-strapped post office tests same-day delivery

License (according to Flickr): Attribution License
WASHINGTON Emboldened by rapid growth in e-commerce shipping, the cash-strapped U.S. Postal Service is moving aggressively this holiday season to start a premium service for the Internet shopper seeking the instant gratification of a store purchase: same-day package delivery. Teaming up with major retailers, the post office will begin the expedited service in San Francisco on Dec. 12 at a price similar to its competitors. If things run smoothly, the program will quickly expand next year to other big cities such as Boston, Chicago and New York. It follows similar efforts by eBay, Amazon. com, and most recently Wal-Mart Stores Inc. , which charges a $10 flat rate for same-day delivery. The delivery program, called Metro Post, seeks to build on the post office's double-digit growth in package volume to help offset steady declines in first-class and standard mail.
People:
Victoria Kuohung
Overall Sentiment: 0.0526277
Relevance: 0.51172
| Sentiment | Quote |
|---|---|
| 0.0433989 | "I prefer not to spend my time driving in a car, fighting for parking, worrying about the kids, dealing with traffic and battling crowds for a limited selection in stores," said Kuohung, ... |
| 0 | "I prefer not to spend my time driving in a car, fighting for parking, worrying about the kids, dealing with traffic and battling crowds for a limited selection in stores," said Kuohung, as her 1-year-old-twins and 4-year-old son squealed in the background. "But right now Amazon delivers in two days since I'm a member of Prime, so it would have to be something I can't get at the corner CVS or the grocery store down the street." |
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Gary Reblin
Overall Sentiment: 0.186301
Relevance: 0.329574
| Sentiment | Quote |
|---|---|
| 0.0140617 | "We're trying to revolutionize shipping; we're not simply trying to get a niche market of consumers," said Gary Reblin, ... |
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Matt Nemer
Overall Sentiment: 0.255397
Relevance: 0.306643
| Sentiment | Quote |
|---|---|
| 0.338527 | "There is definitely consumer demand for same-day delivery, at the right price," said Matt Nemer, ... |
| 0.139395 | "There is definitely consumer demand for same-day delivery, at the right price," said Matt Nemer, a senior analyst at Wells Fargo Securities in San Francisco. "The culture in retail traditionally has been to get a customer into the store, with the immediacy of enjoying a purchase being the main draw. So same-day delivery could be huge for online retailers. The question is whether the economics can work." |
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Jim Corridore
Overall Sentiment: 0
Relevance: 0.296606
| Sentiment | Quote |
|---|---|
| 0 | "Customers do like same-day delivery when it gets very close to a holiday or it otherwise becomes too late to shop," said Jim Corridore, ... |
| 0 | "Customers do like same-day delivery when it gets very close to a holiday or it otherwise becomes too late to shop," said Jim Corridore, analyst with S |
| 0.0317031 | P Capital IQ, which tracks the shipping industry. "But while the Postal Service has the ability to deliver to any address, they are not always known for their speed. To increase their speed might prove to be a much more complex offering than they're thinking about." |
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Additional Info:
FieldTerminology: e-commerce
Overall Sentiment: 0.0415509
Relevance: 0.381433
FieldTerminology: retail stores
Overall Sentiment: 0.0122198
Relevance: 0.338066
FieldTerminology: retail market
Overall Sentiment: 0.116125
Relevance: 0.334961
Company: Wal-Mart Stores Inc.
Overall Sentiment: -0.0530902
Relevance: 0.910004
Company: Amazon.com
Overall Sentiment: 0.0661145
Relevance: 0.391609
Company: eBay
Overall Sentiment: -0.0118798
Relevance: 0.347311
Organization: Postal Service
Overall Sentiment: -0.104547
Relevance: 0.868983
Organization: U.S. Postal Service
Overall Sentiment: -0.0262006
Relevance: 0.522983
Technology: Internet
Overall Sentiment: 0.36702
Relevance: 0.333135
- postal service
- same-day delivery
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Source : feeds.cbsnews.com

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