Cluster Boxes, Not Door-to-Door Delivery Article Published in the Providence (RI) Journal The President’s Commission on the United States Postal Service (USPS) met last Thursday to discuss the agency’s mounting financial problems. When private businesses face such troubles, hard budget constraints and bottom-line incentives drive [Read More...]
Postal Commission Getting Some Sound Advice For Change Issue Brief With one-third of its available study time consumed, the Presidential Postal Commission has heard some sound advice on how to change the Post Office to limit future risk of failure. But it remains unclear if this advice is [Read More...]
The Postal Service Business Model: Broken or Poorly Managed? President’s Commission on the U.S. Postal Service To what degree is the Postal Service’s business model the source of the Service’s present financial problems, as compared to the failure of postal management to manage effectively within the constructs of that [Read More...]
How the Presidential Commission Can Fix the U.S. Postal Service Issue Brief The newly-appointed Presidential Commission on the U.S. Postal Service faces a powerful opportunity to steer the Service through perhaps its most critical period. But its success may depend upon its ability to remain focused on a few central [Read More...]
Proposed Revamping of USPS Retirement Obligations Is Good News, But Highlights Need for Better Financial Issue Brief With the recent accounting revelations proposed by the Treasury Department and the Office of Management and Budget, $30 billion of U.S. Postal Service retirement debt goes up in smoke. A mere $5 billion debt remains, financed over 40 [Read More...]
Postmaster General Reports Good News, But it’s a Trifle Thin Issue Brief The crucial issue for the Postal Service, to stem the tide of further postage increases amid mail volume and revenue loss, is to maximize its productivity. That was the message Postmaster General John Potter correctly stated in a [Read More...]
The Postal Service’s Business Strategy: Spend Savings Now, Raise Rates Later Issue Brief When is a penny saved not a penny earned? When the penny isn’t really saved at all, but rather “reinvested in other areas.” And so it goes with the U.S. Postal Service’s recently-announced reductions in labor hours. The [Read More...]
Increased Productivity Key to Postal Service’s Success Op Ed When your ship’s taking on water, that’s not the time to scrub the deck. But with the Postal Service facing chronic billion-dollar losses, the “solutions” being tossed about by USPS management and others would ignore its most serious [Read More...]
The U.S. Postal Service, $300 Million in Executive Bonuses, And Some Funny Accounting Issue Brief President Bush has spoken banefully of CEOs who receive tens of millions of dollars in bonuses as their companies incur large-scale losses. “Corporate officers who benefit from false accounting statements should forfeit all money gained by their fraud,” [Read More...]
Postage Rates Go Up — What Comes Down? Issue Brief Confronted with mounting deficits, the Postal Service has cut expenditures, reduced work hours (mainly in mail processing), and implemented a substantial postage rate increase June 30th. However, the Service’s latest quarterly figures indicate these stopgap measures will still [Read More...]
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