PRC to study Postal Service's overall value

Share this content:

The Postal Regulatory Commission, the administrative group that oversees the US Postal Service, is seeking research assistance from the private sector on the overall social value of the USPS.

The PRC issued an RFP seeking research aid on May 7. However, the initiative is not a reaction to the USPS' 10-year plan to restore financial stability, which includes the elimination of Saturday home delivery, said Norm Scherstrom, media relations specialist at the PRC.

Interested companies must submit proposals by June 21. The commission plans to evaluate them by July 20. The research work is scheduled for three months, according to the RFP.

Among the topics for evaluation are the community and public safety impacts of Postal Service personnel; the role of lower-priced postal products; the environmental impact of mail delivery; and the value of providing affordable advertising and fulfillment options to small businesses.

Scherstrom compared the research to a February report on the USPS' value by the Urban Institute. That study recommended the PRC conduct additional research on the Postal Service.

The Urban Institute's study noted that “[some experts] argued that the USPS could improve its performance by offering more services from mail trucks or more services and goods – such as Internet service, banking, office supplies, groceries and advertising – at post offices.”

As it searches for a firm to conduct the study, the PRC is also examining the Postal Service's plan to cut Saturday delivery. The USPS asked the PRC on March 30 to issue a formal opinion on the possible move to five-day delivery. The commission announced a nearly six-month-long schedule to review the possible service reduction on April 29.

The USPS saw a net loss of $1.9 billion for the first six months of its 2010 fiscal year, which ended March 31. For its 2009 fiscal year, which closed September 30, 2009, the Postal Service ran a net loss of $3.8 billion.

A Postal Service representative could not be immediately reached for comment.


Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above