Cut the U.S. Mail Subsidy for Chinese Products

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 […]

ICYMI: Why Higher US Postal Service Rates Are Here to Stay

In case you missed it: President and CEO of the American Consumer Institute (ACI) Steve Pociask recently examined in the Federal Times that the recent price increases by the United States Postal Service could be in place for years to come, forcing consumers to continue to empty their wallets.  Pociask notes that because of the […]

Federal Times: Why US Postal Service Rates Keep Going Up

Consumers nationwide are struggling in new, alarming ways to manage the economic challenges of price inflation and shortages of necessary goods. Rapid increases in the cost of gasoline, groceries, and other household items have a particularly harsh impact on those with the least wiggle room in their budgets, namely everyday citizens and small businesses. While the federal […]

The Economic Standard: As Postal Losses Grow, Regulatory Scrutiny Reaches a Boiling Point

On August 6th the U.S. Postal Service released its financial report for the third quarter of the fiscal year, which was highlighted by a loss of $3.0 billion (comparing the latest three months in 2021 to the same period in 2020). The Postal Service now appears all but certain to be on the path toward […]

USPS’ Year-end Financials Signify the Greatest Challenge yet for its New Leadership

Today, the U.S. Postal Service issued its FY 2019 financial results – a report laden with distressing, yet unsurprising news. The USPS’s latest annual loss of $8.8 billion marks the federal agency’s largest since 2012 when its red ink grew by $15.9 billion. The USPS’ total losses since the current Postal Service law, the Postal […]

News Release: A Changing of the Guard for USPS Leadership Brings Hope for Resolving Fiscal Chaos

The United States Postal Service (USPS) has reported quarterly losses for over a decade and this past quarter appears to be no different. Today, USPS released its quarter three financials, losing $2.3 billion this past quarter and bringing the year’s total to $5.9 billion thus far. The induction of new leadership surrounding the agency will […]

Trump signs bipartisan STOP Act, Bill will Help Close Loopholes in the Mail System

Today President Trump signed a package of measures that includes the provisions of The Synthetics Trafficking and Overdose Prevention (STOP) Act. This marks a critical step toward codifying critical changes to the U.S. Postal Service’s protocols that will greatly assist law enforcement and security agencies. Under the current framework the U.S. Postal Service’s network has […]

ACI Files Comments with the US Postal Regulatory Commission

Though the Commission’s efforts to correct for weaknesses in its formula-based approach are commendable, the latest proposed formula contains a number of serious flaws – both practical and theoretical – that make its use entirely unsuitable for determining the appropriate share of institutional costs. We recommend that the Commission abandon this approach and move toward […]

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 […]

U.S. Postal Service reports another loss in second quarter of 2017

Despite the U.S. Postal Service’s positive outlook surrounding its last quarterly financial report, the stark reality remains that the agency’s losses continue – this time with $562 million in the red. By touting the gains in “controllable income” the USPS presents an incomplete and misleading perspective of the full costs that it incurs to bring its […]