Proposed Postal Reform Hurts Postal Consumers Without Service Improvement

Today, the House Government Oversight Committee will be marking up a bill introduced by Chairman, Jason Chaffetz and the committee’s Ranking Member, Elijah Cummings that would provide an outsized bailout to the United States Postal Service on the backs of postal consumers. Since 2007, the U.S. Postal Service has generated $56.8 billion in financial losses […]

New Postal Reform Bill Raises Rates on Consumers; Fails to Correct Problems

This week, leaders of House Oversight and Government Reform Committee released draft Postal Reform legislation that neglects to fix the problematic Senate bill and forces the Postal Service further into a downward spiral. Most troubling about this bill is that it permits rates to increase faster than inflation on its already profitable monopoly mail products. […]

FORBES: Postal Office Performance is “Out of Service”

The United States Postal Service (Postal Service) is long overdue for a major reorganization. As I have discussed in the past, it is losing billions of dollars each year, but it keeps subsidizing unprofitable and unregulated ventures with its regulated services, rather than sticking to its core mission – just delivering letters. What is new […]

The Great Postal Recession — FORBES

Come this June, seven years will have passed since the last economic recession officially ended. But, if you listen to the Postmaster General and CEO of the U.S. Postal Services (USPS), Megan J. Brennan, you would never know it. By law, USPS is allowed to increase its prices at the rate of inflation, as measured […]

U.S. Postal Service Chaos, Despite Momentary Relief

Although the USPS gained $1.3 billion in “controlled income” in the first quarter of 2016, the agency’s beleaguered financial position undoubtedly remains in light of amassing losses of $31.5 billion in the previous four years. To temper any optimistic views of the announcement, USPS’s own Chief Financial Officer, Joseph Corbett, remarked that the report indicated […]

ACI Statement Before Today’s Senate Postal Hearing

Dear Committee Members and Staff: Thank you for this opportunity to submit comments regarding the Postal Service’s deteriorating service quality and its weakened ability to adequately fulfill its primary responsibilities that are consistent with its original charter. As millions of American consumers across country continue to depend on the US Postal Service’s basic service to […]

Forbes: Postal Monopoly Abuse

A new study by a former US Department of Commerce official confirms something that many observers have long concluded – the US Postal Service overcharges its monopoly customers and then uses these proceeds to subsidize unregulated services in direct competition with the private sector. The study, conducted by economist Robert Shapiro, finds consumers are overpaying […]

USPS – Goes Through the Motions

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 […]