Today, the U.S. Postal Service (USPS) released its financial report for the 2017 fiscal year in which its leadership detailed a greatly concerning loss of $2.7 billion. These results, while unsurprising, point to a critical need for USPS leaders, regulators and lawmakers to institute improved management practices for the agency that has suffered multi-billion losses for eleven consecutive years. The USPS has lost sight of its core mission — to delivery the mail.
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