U.S. public policy needs to ease the current economic woes by reworking the international e-commerce system now — a system that currently gives Chinese products artificially lower shipping prices. Here is an explanation of the issue: As fears of recession persist and supply chain constraints remain elevated, consumer markets are in increasingly vulnerable positions. Broadscale […]
The stated mission of the United States Postal Service is to “provide the nation with reliable, affordable, universal mail service.” While it is legally granted a monopoly to deliver mail and has exclusive access to the public’s mailboxes, mail services have become a secondary issue for the government enterprise based on its financial losses and poor operational performance. Instead, delivering parcels […]
In response to a proposed US Regulatory Commission rulemaking proceeding that seeks to change regulations affecting the carriage of mail, ACI has filed comments to protect consumer interests, while calling for increased accountability and financial transparency on the part of the US Postal Service. These comments are available online.
As Congress and the new Administration work on the new federal budget, there will be a heavy focus on creating the right conditions for generating economic growth and protecting taxpayers. Achieving these goals will stand to produce positive ripple effects across critical domestic markets and affect overall consumer well-being. Two of the primary avenues Congress […]
For 2014, the U.S. Postal Service (USPS) revenue grew by $569 million and packages delivery grew a healthy 9%, but USPS loses totaled $5.5 Billion. The loss is in line with the $5.7 billion in pre-funded retiree benefits that Congress requires it to pay. In the period 2010 through 2014, USPS lost a cumulative $40 […]
Last year, the United States Postal Service (USPS) began plans to expand its delivery capabilities, moving into the grocery delivery business in a test markets. It started with a partnership with Amazon Fresh in San Francisco, delivering groceries in the early morning hours to customers. Now, the Postal Regulatory Commission has signed off on further […]
This piece discusses the United States Postal Service’s (USPS) financial situation — $50 billion in losses over the last eight years. The fact is that USPS is making profits in some of its core activities, yet trying to use its postal monopoly to expand into new, but unprofitable, ventures — such as grocery delivery and financial services. In the […]
82% of Consumers Say Post Office Closings Would Be Inconvenient; 76% Say They Would Pay More to Prevent Planned Cuts A national consumer survey conducted by the American Consumer Institute (ACI) finds that the vast majority of consumers do not support the United States Post Office’s planned closing of 4,000 post offices. According to the […]