Ep 162: US postal reform and Q2 results

Jul 9, 2019

Mark Fallon, President and CEO of the Berkshire Company, covers recent developments in postal reform, including recent Congressional hearings:

• An update on the underwhelming Postal Task Force Report
• UPS court action on postal pricing
• Politicians’ awareness of core postal issues
• Is a crisis being manufactured?
• Some positives from the Senate Hearing
• USPS Board of Governors
• Calls to privatise the US Postal Service
• USPS’s 10-year plan, or lack thereof
• 5-day letter delivery
• Is the USPS a letter company or a delivery company?
• Legislative reform for the US Postal Service (including a very silly bill that will go nowhere)
• Parcel lockers - including residential parcel lockers, and returns
• Carrier agnostic parcel lockers, and siting parcel lockers in post offices
• Q2 financials
• Parcel volume volumes and trends, the USPS’s share of e-commerce parcels
• The need for complete rate reform
• Rules and definitions for letters - and why they make no sense in 2019