In its 2022 Post-Election Analysis, a document released January 9, the Postal Service reported the service it claimed to have provided “ballots [sent] from voters to local boards of elections” between September 6 and December 6, 2022.” Of the 54.4 million ballots it identified over the period, it claimed to have delivered 98.96% within three days, 99.82% within five days,…
Read More
Postal Service accounting is, to say the least, complex. Not only does it have to measure “institutional” costs – like maintaining the USPS Headquarters building – and “attributable” costs – like the manual distribution of Periodicals flats – but it also has to divide those costs between the market dominant products and competitive products. A core statutory requirement is that…
Read More
As 2022 came to a close, Postmaster General Louis DeJoy was interviewed by Government Executive to get his opinions about progress in implementing his 10-year Plan. For DeJoy, 2023 is the “Year of Implementation” when many of the operational changes he’s been planning finally are put in place and, presumably, begin to deliver the efficiencies and cost savings that he…
Read More
In the closing days of 2022, the legal wrangling continued between the Postal Service and a group of industry associations about how to account for the billions of forgiven USPS debt resulting from last April’s Postal Service Reform Act of 2022. Earlier As has been previously reported, the debate started when the Postal Service sent a letter to the Postal…
Read More
In a document filed December 30 with the Postal Regulatory Commission, the Postal Service provided the calculations for its additional (over-CPI) rate authorities under the PRC’s November 2020 final rule. According to the Postal Service’s calculations, its added rate authority under the “density” provision is 1.026%, and its “retirement” rate authority is 1.036%. The “non-compensatory” rate authority is a fixed…
Read More