USPS Reports Huge Losses Again- Reform is Essential
Insolvency Could Happen by 2028; Business Customers Stand Ready to Help
New Postmaster General
USPS is not supported by taxes; it is paid for by charges for its mailing and packaging services – postage. Businesses that pay some 90% of those charges have insights and expertise – and sales forces – that could help expand the public/private partnerships that benefit the postal system.
"USPS must work with its customers – the people who send prescription medicines, household goods, newspapers and magazines, not to mention bills, statements, catalogs, greeting cards and documents required by law and much more," said
USPS must find a way to improve service while constraining the growth in its costs. And it must reverse the incentives it has created to leave the postal system. C21 and its vast member network stands ready to work with the Postmaster General and bring its private sector expertise to bear for a sustainable USPS for years to come.
If there aren't real improvements, and soon, this hallowed and essential institution may disappear as we know it and the nation still, after 250 years, very much needs it.
C21 consists of business mailing associations and companies – newspapers, magazines, advertisers, catalogers, e-commerce, packages, greeting cards, retailers, financial services, telecommunications, insurance, small businesses of every kind, paper, printing, technology, envelope manufacturing, mail services, who understand the essential role of USPS and want it sustained for the future. It broadly represents an industry generating
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SOURCE Coalition for a 21st Century Postal Service (C21)
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