The Passing of the United States Express Co.

The Passing of the United States Express Co.

Copyright 2007, Traffic World, Inc.

The Traffic World, March 21, 1914

"The proof of the pudding is in the eating of it." This homely proverb has no reference to our gastronomic feats or wherewithal to gorge ourselves with such dainties, but simply illustrates the present plight of an organization that has for many years thrived on the fat things of our land. When we see a large and prosperous enterprise like the United States Express Company winding up its affairs and retiring from active employment 15,000 persons, we must admit that something startling has happened to the express business of the country, and that its status is far from being normal or natural. We need not theorize on the point as to whether this unfortunate ending came from the effects of the parcel post competition or from the new rates established by the Interstate Commerce Commission. We must simply accept the condition that a once highly organized, managed and legitimate enterprise has been for some time showing steady decline in its year revenues, confronted with monthly deficits and at last forced to dissolve and retire from the transportation business in order to protect its large army of stockholders, many of whom are women.