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 […]

STOP Act will Help Prevent Bad Products Entering the U.S.

The opioid epidemic has grown to become a critical problem in communities across the country. While many levels of government and a variety of task forces are working to find ways to tackle it, one easy way to help would be to close off unchecked shipments from foreign countries, like China, through the U.S. Postal […]

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 […]