USPS’ Financials Justify the White House’s Commission to Reform the Postal System

Over the past three months, the USPS announced today that they lost an additional $1.5 billion. As total losses for FY2018 climb to $3.3 billion, USPS management continues to deflect blame as opposed to rolling their sleeves up and figuring out how to better manage their finances. President of American Consumer Institute, Steve Pociask emphasized […]

Washington Examiner: Trouble at the Post Office

This month, the U.S. Postal Service, a government enterprise, released new data that provides further evidence of the agency’s financial woes. Net losses for the second quarter of 2018 totaled $1.3 billion, compared to a net loss of $562 million for the same period last year. The new data highlight the need for policymakers to […]

New White House Task Force Must Address New U.S. Postal Service Losses and Lack of Cost Controls

After losing more than $65 billion in the matter of a decade, the U.S. Postal Service is well-known for its dismal financial mismanagement. Thus, it comes with little surprise that the Postal Service announced this week another loss of $1.3 Billion for the second quarter of 2018. President of American Consumer Institute, Steve Pociask, emphasized […]

Morning Consult: Before Raising Rates, Postal Service Should Address Mismanagement

After years of soaring deficits, including $2.7 billion in losses in 2017, the United States Postal Service’s financial condition continues to worsen, and a recent proposal by federal regulators fails to address the root of the problem. The Postal Regulatory Commission (PRC), which has oversight authority over the Postal Service, is considering authorizing substantial postal […]

Consumer Advocates and Other Groups Strongly Oppose Postal Regulator’s Plan for Major Price System Overhaul and Rate Increases

This month, American Consumer Institute (ACI) along with many organizations and analysts have expressed concerns with the Postal Regulatory Commission’s (PRC) plan for drastic US Postal Service rates hikes for each of the next 5 years. As ACI contends, such proposals have been ushered to the public using faulty logic about the challenges facing the […]

ACI’s Regulatory Filing: How to Save the Postal Service From Collapse

ACI filed its comments with the United States Postal Commission in regard to its Notice of Proposed Rulemaking for Docket RM2017-3.  ACI’s filing provides empirical evidence that shows significant cost shifting from competitive services facing market rivalry to monopoly services now subject to financial collapse, and it recommends ways to financially save the postal service […]

ACI Reacts to Continued Fiscal Chaos at the U.S. Postal Service

Today, the U.S. Postal Service detailed a loss of $540 million in its financial report for the first quarter for the new fiscal year. Given the peculiar financial management path that the Postal Service has taken in recent years, The American Consumers Institute (ACI) is hardly surprised by the organization losing over $65 billion over […]

FORBES: After Losing Billions Again, Postal Service Needs A New Structure, Not Price Increases

Last week the U.S. Postal Service released is latest quarterly financial report, which detailed an immense loss of $2.1 billion. While the Postal Service’s downward financial spiral has clearly continued in unsurprising fashion, the report also reveals some emerging trends that are also worthy of further discussion and scrutiny. Most notably, the Postal Service’s favored […]

Forbes on Postal Reform and Fixing On-Time Delivery

Despite a lot of big ticket consumer-oriented issues coming into focus for Congress lately, like healthcare and tax reform, it is also apparent that the United States Postal Service (USPS) and its chaotic operations have also had the attention of some legislators on Capitol Hill. For the new administration, the possibility of fixing the long-plagued […]