This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pitney Bowes Inc. Statement On National Academy Of Public Administration’s Review Of The “Hybrid Public-Private Postal Service” Concept Paper

In a report released today, the National Academy of Public Administration (NAPA) reviewed the potential for a “Hybrid Public-Private Postal Service” that was outlined in a concept paper earlier this year by a coalition of four long time postal policy leaders. The Academy report on the paper by John Nolan, George Gould, Ed Gleiman and Ed Hudgins provides a helpful analysis of one very promising long term option to secure affordable and universal postal delivery service in the U.S. The panel indicated that several reforms to the Postal Service are needed, but that this concept is worthy of consideration as a part of a comprehensive reform package.

We agree with the NAPA panel that the public wants--and our economy desperately needs--a healthy, universal, affordable and reliable postal system. Hundreds of thousands of jobs and almost a trillion dollars in commerce depend on it.

Like the panel, Pitney Bowes (NYSE: PBI) believes that the financial relief and operational flexibility requested by the US Postal Service are critical to its short term stability. We also believe that significant structural reform such as the “final mile” delivery model proposed by the authors of the concept paper should be considered as part of any postal reform package by Congress, and provides a promising way to help ensure the long term future of affordable universal mail delivery service in the U.S.

The “final mile delivery” model proposed in the white paper has the potential not only to protect, but also to strengthen, the nation’s only universal door-to-door delivery service by unleashing the creative energy of American business to find significant opportunities to increase mail volume, control costs and enhance services for rural, suburban and urban areas.

By concentrating on its strength in delivery, and charging only for that service, the Postal Service will encourage increased use of commercial providers to collect, transport and sort the mail, create a private sector market for mail use, and encourage development of new products and services that can help sustain universal delivery service well into the future.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs