It's not an easy time to be in the mail delivery business. The woes of the U.S. Postal Service have been well and widely documented, but the sector as a whole has been battered like few other by the digital age. With the need of its primary service -- the delivery of mail -- being rendered obsolete by e-mail, one aspect it can still stake a claim to is the sending of larger objects.
Objects such as cell phones. There's no means on the horizon to make such a package fly through the Internet. And so for the foreseeable future, agencies and companies like the United Parcel Service (UPS) still have both a market and their customers' trust they will send the packages to your front doorstep. Until one of your workers starts stealing orders off the assembly line, which is exactly what happened in UPS's Louisville hub from May 1 to Aug 12.
As Kentucky news outlet WDRB reports, 20-year old Jamir Kirby has been arrested on the charge of stealing $8,149.25 worth of cell phone merchandise from the local UPS plant at which he was an employee. Kirby was brought in this week by Louisville police after a joint investigation conducted by UPS and Sprint Wireless uncovered a pattern among a batch of missing cell phones -- they all passed through Kirby's hands.
While few might consider the job of handling packages glamorous work, the truth is that Kirby was lucky to have the job at all. As The Washington Post reported on August 11, the USPS is considering a plan to cut its workforce by 20 percent, which would mean the sacking of some 120,000 positions. The agency is also mulling cutting health benefits for its retired workers. The moves are being proposed as the agency stares bankruptcy in the eye.
For its part, and in spite of Kirby, UPS is still some ways off from a complete existential crisis of the USPS-variety. And as Dan Radovsky reports on AOL's Daily Finance, UPS and FedEx should only stand to gain from the USPS's troubles. As proof of a bullish environment for UPS, Radovsky points out that the company's 2Q gains were up 26% from the same quarter last year.
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