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Diane Publishing Books
Reforming the U.S. Postal Service: An Independent Review of a Thought-Leader Proposal to Reform the U.S. Postal Service
David M. Walker (ed)
The U.S. Postal Service (USPS) faces acute financial challenges. It incurred a $15.9 billion operating loss in FY 2012 and is at its Congressionally-authorized borrowing limit of $15 billion. Since the Postal Reorganization Act of 1970, USPS is obliged to cover its costs by operating revenues; it receives a negligible amount of Congressional appropriations. USPS has undertaken a number of initiatives to right-size its infrastructure/workforce and address its labor costs. Yet there is widespread agreement that a variety of other actions need to be taken, some requiring Congressional action, in order to provide USPS with the tools to ensure its financial viability and adapt to a dynamic communications marketplace in which paper-based volumes are declining. This is the review of a White Paper by four distinguished professionals with extensive experience in postal issues, titled äóģRestructuring the U.S. Postal Service: The Case for a Hybrid Public-Private Partnership.äó¯ Their proposed hybrid public-private partnership is here called the Thought-Leader Concept. This review found some potential roadblocks to implementing the proposal. While major cost savings are possible under the plan, more analysis must be conducted. Tables and figures. This is a print on demand report.
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