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 […]

The Postal Service Descends Further into Fiscal Chaos as Lawmakers Await a Sound Plan for the Future

In the latest financial report released by U.S. Postal Service for the second quarter of 2019, the agency reveals a clear continuation of its dire fiscal position as a result of destructive business practices. The new quarterly loss of $2.1 billion for the most recent three month period brings the Postal Service to a loss […]

Is the Postal Service is Overcharging You on Stamps So It Can Compete with Package Delivery Services?

In fiscal year 2018, the USPS reported $3.9 billion in losses, up from the $2.7 bilion loss it experienced in 2017. It’s been over a decade since the USPS was last profitable, which is particularly concerning given that the agency was intended to be financially self-sufficient. Adding to its financial challenges, the USPS rarely meets […]

Postal Service Faces Bleak Year as Its Harmful Business Practices Continue

While we are well into the new year, but not much has changed at the U.S. Postal Service. The agency continues to hemorrhage cash, miss quality of service targets, and accrue massive unfunded liabilities. In fiscal year 2018, the USPS reported $3.9 billion in losses — the latest in a decade-long trend of deepening operating […]

Postal Service Faces Bleak New Year as Its Harmful Business Practices Continue

It’s a new year, but not much has changed at the U.S. Postal Service. The agency continues to hemorrhage cash, miss quality of service targets, and accrue massive unfunded liabilities. In fiscal year 2018, the USPS reported $3.9 billion in losses — the latest in a decade-long trend of deepening operating deficits. And it’s not […]

ACI Files Comments Regarding the USPS’ 2018 Annual Compliance Report

On January 31, 2018, the American Consumer Institute (ACI) filed its comments with the United States Postal Regulatory Commission regarding the United States Postal Service’s Fiscal Year 2018 Annual Compliance Report.  In the filing, ACI states “given the Postal Service’s dire fiscal position and clear deterioration of core services – from both a performance and […]

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 […]

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 […]