Don’t look for major changes to the postal service in the coming year, analysts from Height Securities say.
The United States Postal Service does have long-term financial challenges resulting from changes in how we all send packages — and expensive retiree benefits.
But in a Monday note, Height Securities analyst Hunter Hammond said the chance of big change anytime soon is pretty small, in part because of strong liquidity at the post office makes a major, immediate crisis unlikely.
“Absent a liquidity crisis, lawmakers and interest groups remain apprehensive about major reform, especially privatization,” Hammond said.
Height analysts put the odds of Congress considering a major overhaul of the USPS this year at about 15 percent.