Is the Brand Suffering?

The Postal Service has built a strong brand name around service, trust, and security. Few other organizations can lay claim to such a strong brand, one with more than 200 years of history and cultivated by the Postal Service’s consistent fulfillment of its mission to securely deliver mail to every American, regardless of location, at a reasonable price. For 6 straight years, the Ponemon Institute has named the Postal Service the most trusted government agency and one of the top 10 most trusted businesses in the nation.

 

Unused Land Parcels – Sell, Hold, or Develop?

The U.S. Postal Service is one of the largest real estate owners in the United States with more than 8,600 facilities and 950 million square feet of land. (The Postal Service leases another 24,600 facilities.) It also has about 357 unused land parcels with no structures on them, which have a book value of $128 million. The lands’ assessed values are likely to be significantly higher.

 

The Costs, Should They be a-Changin’?

As the Postal Service struggles to survive, it needs to take a good look at the financial health of its products. However, ascertaining the financial health of a product line requires an accurate estimate of the cost of providing that product. The Postal Service is moving into an increasingly data-driven future; thus, the timeliness and accuracy of cost measurement will continue to grow in importance. The Postal Service has not changed its cost system fundamentally in many years, though it updates significant inputs annually.

 

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Recent Comments

  • 12 hours 12 min ago
    I like getting my mail in a timely fashion, but this man Trump put in charge has really slowed the mail service down , We might have to go back to the “Pony Express” if this Trump appointee cannot...
  • 15 hours 20 min ago
    Postal Employees send be tested everyday! The Covid-19 cleaning procedures after an identified confirmed COVID-19 case is useless as the COVID-19 response kits are not being used! Lack of...

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