In early February, the United States Postal Service shocked the snail mail masses when they announced their dismal financial outlook coupled with proposed budget slashing like terminating Saturday delivery of letters in hopes to save billions of dollars.
Yet, not everyone was surprised about the dwindling profitability of a shipping business whose main moneymaker was printed matter.
International Transport Solutions (ITS) realized in 1998 that future projections of their bulk international shipping business of mailable material would decrease. In response, Chief Operations Officer Claire Davids-Mascarenhas and her partners created the sister company i-parcel. i-parcel handles the increasing international parcel shipping as well innovative international shipping solutions that help U.S. Internet retailers sell to international consumers.
Claire Davids-Mascarenhas, COO of international shipping companies ITS and i-parcel, explains how her company saw and changed their business plan to avoid the same problems dragging down the United States Postal Service today.