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U.S. Postal Service: The Only Safe Bet is Projecting Big Bonus Payouts Issue Brief What is wrong with this picture? After losing $199 million in fiscal year 2000, the United States Postal Service expected, as recently as last September, a surplus of $150 million for fiscal year 2001. By November, that became [Read More...]
Postal Service’s April Financial & Operating Statements Reveal Management’s Gross Failure to Control Costs Issue Brief The United States Postal Service Financial & Operating Statements for April are out, and they tell a story of missed opportunities. The Statements reveal that Postal Service management has watched revenues fall short of their internal “Budget” for [Read More...]
Top Postal Service Brass Should Have Foreseen Billions in Red Ink Issue Brief As recently as last September, the United States Postal Service projected a surplus of $150 million for fiscal year 2001. Just two months later, that became a projection of a $500 million loss, then a $1 billion loss, [Read More...]
Postal Service Board of Governors Playing Game of Chicken with Postal Rate Commission Issue Brief When someone forces a game of chicken-say, by driving directly towards an approaching car-it is often innocent bystanders who get hurt. The United States Postal Service (USPS) Board of Governors seems to be forcing a game of chicken [Read More...]
Test Foreign Language Since the revision of France’s postal laws in 2005, La Poste has been under the regulatory authority of ARCEP, or the Autorité de Régulation des Communications Electroniques et des Postes, an independent administrative authority. Liberalization of the French postal market [Read More...]
Tilted Playing Field: How The Postal Service Benefits from Unfair Competition Issue Brief The United States Postal Service recently formed the International Business Unit to compete with private sector express package delivery services in the global marketplace. The IBU, noted for its cost overruns and slow service, receives special treatment by [Read More...]
Postman Still Rings Letter to the Editor Published in The New York Times To the Editor: Re “Snail Mail: It’s Alive! And It’s Mutating!” (Week in Review, Nov. 14): The testimony by the General Accounting Office you report cites the Postal Service’s forecasts [Read More...]
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