U.S. Postal Service’s Plummeting Cash Position: Key Things To Know The U.S. Postal Service’s cash position is rapidly deteriorating, making a near-term liquidity crisis increasingly likely. This means mail and package delivery would be disrupted or even grind to halt, among many other problems. The Postal Service has 29 percent [Read More...]
Frozen Federal Debt Ceiling Perilous For Postal Service The U.S. Postal Service loves to say it “receives no tax dollars for operating expenses” and relies on sales to fund operations. It shies away, though, from discussing a $15 billion low-interest line of credit from the U.S. Department of [Read More...]
Hit Back At Chinese Opioid Cartels That Scoff At U.S. Law Enforcement (From InsideSources) Six months after major opioid legislation was enacted, Chinese crime syndicates still send opioids into the US at will through the U.S. Postal Service. More than 47,000 Americans are dying from opioids annually and the fabric of our society is [Read More...]
Congress To Postmaster General: Provide A Turnaround Plan By July As a result of bipartisan demands at a House Committee on Oversight and Reform hearing today, the Postmaster General will provide a turnaround business plan by early July. Congressman Mark Meadows (R-NC) began his questioning of Postmaster General Megan Brennan [Read More...]
Northern Virginia In Dire Need Of Postal Reform (From Fairfax County Times) If the U.S. Postal Service were a company, it would be the third largest headquartered in the Washington, D.C. region. The Postal Service’s finances are in dismal shape and without Congressional action it will face a liquidity crisis, which will [Read More...]
The Strong International Push for E-Commerce Shipping Reform Executive Summary Click here to read the full report as a PDF. The international postal system governing the shipment of small packages (4.4 pounds or less) is causing significant financial losses for many countries, distorting markets, and it must [Read More...]
Prepared Remarks of Paul Steidler, Advisory Committee on International Postal and Delivery Services U.S. Department of State March 14, 2019 Meeting   There has been a lot of discussion today about international postal rates and the processes of the Universal Postal Union. That is indeed important, but we should also keep in mind [Read More...]
Stop U.N. Meddling In U.S. E-Commerce (From InsideSources) To preserve and further unleash the economic benefits of e-commerce, the United States needs to end postal subsidies that benefit other countries. This means restructuring or ending our membership in the Universal Postal Union, a United Nations-specialty organization. Lexington Institute’s [Read More...]
Canada’s Strong Stand to Fix International Postal System Joins with US and 30 Countries to Overhaul Universal Postal Union An Interview with Pierre Morin of Canada Post Canada, like the United States, has major problems with the international postal system run by the Universal Postal Union. In Canada, [Read More...]
How America Subsidizes China’s Mail Thanks To The UN Postal Union (From The Daily Caller) China has gained a competitive advantage over U.S. manufacturers, retailers and e-commerce companies through its special treatment by the United Nations-affiliated Universal Postal Union (UPU). The Trump Administration should maintain its strong stand with the UPU to fix this situation. [Read More...]
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