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...]
Universal Postal Service: Without Competition, the Tail Wags the Dog Issue Brief Why does a credit card company or a mail-order vender receive a government guarantee that its billings or solicitations will be delivered at a uniform price, even to every mailbox in the country? Because 90 percent of the [Read More...]
Renewed Mail Volume Growth No Panacea For Postal Service’s Financial Woes Issue Brief The Postal Service claims that its legislated business model is outdated and must be transformed. It blames its current financial crisis on what it sees as the decaying state of first-class letter mail. This mail, it argues, is [Read More...]
To Fix the Listing Postal Service, Don’t Forget to Plug the Holes Issue Brief When the ship’s taking on water, that’s not the time to scrub the deck. But with the Postal Service facing chronic billion-dollar losses, some prominent “solutions” would ignore its most serious problems. Postal management suggests that the Service’s [Read More...]
5 Ways to Fix the U.S. Postal Service Issue Brief With the release of their Transformation Plan, the Postal Service is effectively trying to distract attention away from the true nature of its problems: Namely, its management’s unwillingness to accept that the main mission of the Postal Service [Read More...]
Postal Reform Should Reduce Cost of Postal Labor Force Issue Brief Labor costs have remained near 80 percent of total costs over the history of the Postal Service. Increases in the price of labor are, consequently, a crucial determinate of the Service’s financial health. The Postal Service in its [Read More...]
Standards Needed For Postal Service Performance Reporting Issue Brief The Postal Board of Governors’ 2001 announcement that the Postal Service was on the brink of financial disaster, expecting to lose multiple billions of dollars, was a major surprise to most postal observers. The expectation of impending financial [Read More...]
GAO Reports Urgent Need for Postal Reform as USPS Celebrates Achievements Issue Brief A February 2002 General Accounting Office report concludes “The U.S. Postal Service’s ability to fulfill its mission by providing the current level of universal postal service at reasonable rates on a self-supporting basis is at increasing risk.” Among [Read More...]
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