Board Of Governors Chairman Remarks On USPS Need To Act Like A Business
Remarks by Louis Giuliano, Chairman, Board of Governors
United States Postal Service
Association for Postal Commerce (PostCom) Board of Directors Meeting
Washington, D.C.
June 9, 2010
Note: Remarks as delivered may vary from prepared text.
Thank you for that kind introduction – and thank you for this opportunity.
I was scheduled to speak here in February, but as you recall, the weather managed to intervene rather dramatically. Fortunately, the Postal Service is better at delivering the mail in bad weather than I am at getting to a meeting.
So I want to thank the Board for giving me another opportunity to address you this morning.
Today I want to focus my remarks on the key issues facing the Postal Service and what we’re doing about them. Then I would also be glad to take some questions.
In talking about these issues, I want to highlight three major points.
First, we need speed and flexibility in decision-making and other actions, both within our organization and across our regulatory landscape, so we can respond effectively in a very dynamic business environment. Second is the vital importance of our entire action plan. Third, I need for all of you to continue participating in the process by giving us your thoughts and ideas so our implementation can be timely and effective.
The issues that confront us are clear. On the revenue side, we face the long-term challenge of electronic mail and the Internet and the short-term challenge posed by the worst economic decline in decades, both of which have driven mail volume down. Read more