U. S. Postal Service : Postal Reform Law Provides Opportunities to Address Postal Challenges

Since 2001 comprehensive postal reform legislation was needed to address the USPS¿s unsustainable business model, which assumed that increasing mail vol. would cover rising costs & mitigate rate increases. This outdated model limited its flexibility & incentives needed to realize sufficient cost savings to offset rising costs, declining First-Class Mail vol., unfunded obligations, & an expanding delivery network. This limitation threatened the USPS¿s ability to achieve its mission of providing affordable, high-quality universal postal services on a self-financing basis. This report focuses on: why the USPS was recently removed from a high-risk list; the USPS¿s financial condition in FY2007; & the opportunities & challenges facing the USPS. Charts & tables.Siggerud, Katherine is the author of 'U. S. Postal Service : Postal Reform Law Provides Opportunities to Address Postal Challenges', published 2007 under ISBN 9781422315668 and ISBN 1422315665.