Trump Panel Proposes Sustainable Path for US Postal Service

Retailers in the age of Amazon Adapt or die

Retailers in the age of Amazon Adapt or die

The United States Postal Service should have more flexibility to raise rates for packages, according to recommendations from a task force set up by President Donald Trump, a move that could hurt profits of Amazon.com Inc and other large online retailers.

That recommendation could raise costs for Amazon and other major businesses that are now using the Postal Service to supplement their delivery operations.

The task force blamed the decline in revenue on the rising popularity of digital alternatives to traditional letters and bills delivered by the Postal Service. "The USPS should have the authority to charge market-based prices for both mail and package items that are not deemed 'essential services, '" the task force said in its report (PDF).

Such changes may result in higher prices on package deliveries for online retailers, including e-commerce giant Amazon.com Inc.

Amazon's founder Jeff Bezos also owns the Washington Post, a newspaper whose critical coverage of the president has repeatedly drawn Trump's ire.

"Only fools, or worse, are saying that our money losing Post Office makes money with Amazon", Trump tweeted in April.

Treasury Secretary Steven Mnuchin said the report "contains achievable recommendations".

The Amazon Washington Post has gone insane against me ever since they lost the Internet Tax Case in the U.S. Supreme Court two months ago. Amazon did not immediately respond to a request for comment.

"The recommendations contained in the report should be evaluated together with legislative and regulatory reforms to address our urgent financial challenges", US Postmaster General Megan J. Brennan said in a statement.

The Postal Service lost nearly $4 billion in fiscal 2018, which ended on September 30, even as package deliveries rose.

Another recommendation would be to clearly define the Postal Service's "Universal Service Obligations", which would spell out the types of mail and packages for which a strong rationale existed for government support of deliveries.

Mark Dimondstein, president of the American Postal Workers Union, charged that numerous recommendations in the report were based on "myth and misinformation" and that instead of improving mail services "would deliver higher prices and less service to the public".

"The USPS's business model - including its governance, product pricing, cost allocation and labor practices - must be updated in light of its current operating realities", the report said.

Notícias recomendadas

  • India strongly condemns Chabahar terror attack

    India strongly condemns Chabahar terror attack

    An Iranian ethnic Arab separatist Sunni militant group and Islamic State both claimed responsibility for that attack. In September, gunmen dressed as soldiers attacked a military parade in Ahvaz, killing and injuring dozens.
    Devin Booker expected to miss more time after aggravating hamstring

    Devin Booker expected to miss more time after aggravating hamstring

    Kyle Kuzma had 23 points and eight rebounds to lead the Los Angeles Lakers past the visiting Phoenix Suns 120-96 yesterday. Booker scored six points on 3-of-8 shooting and dished out two assists in 17 minutes on the court against the Lakers .
    Huawei's Nova 4 Is Coming Later This Month

    Huawei's Nova 4 Is Coming Later This Month

    Samsung has just confirmed the launch of their first "Infinity-O display " smartphone, the Galaxy A8, for December 10th in China. So, even if it comes second, it will still have an advantage over the Galaxy A8s ( expected to have a Snapdragon 710 ).
  • Kate and William visit military personnel at RAF base in Cyprus

    Kate and William visit military personnel at RAF base in Cyprus

    The British military base in Cyprus is now used for both reconnaissance and bombing missions against ISIS in Syria and Iraq. Middleton touched on her shared experience of having a husband in military service during her speech to guests.
    The Internet is Freaking Out About Tom Cruise's Motion Smoothing PSA

    The Internet is Freaking Out About Tom Cruise's Motion Smoothing PSA

    Tom Cruise and director Christopher McQuarrie are here to warn movie lovers about a danger they're very likely unaware of. According to BBC, part of the reason is because the actor is lacking when it comes to height.
    Huawei CFO Meng Wanzhou arrested in Canada as U.S.  seeks her extradition

    Huawei CFO Meng Wanzhou arrested in Canada as U.S. seeks her extradition

    For the same reason, Australia's government blocked China's telecom giant Huawei from its 5G mobile network last summer. McLeod says as there is a publication ban in effect and he could not provide any further details.
  • Decision to drop Mithali Raj was unanimous: Harmanpreet Kaur

    Decision to drop Mithali Raj was unanimous: Harmanpreet Kaur

    The captain and the vice-captain have also pressed on the fact that Powar was not the only person behind Mithali Raj's omission. Sir Ramesh Powar not only improved us as players but also did motivate us to set targets and challenge our own limits.
    Jake Gyllenhaal Teases Mysterio Ahead Of Spider-Man: Far From Home Trailer

    Jake Gyllenhaal Teases Mysterio Ahead Of Spider-Man: Far From Home Trailer

    In the video , Jake looks stunned as he sets down the comic book, The Amazing Spider-Man: The Return of the Man Called Mysterio!. Spider-Man: Far From Home stars Tom Holland , not Gyllenhaal, in the lead role, and comes out in July 2019.
    Jenna Bush Hager recites bible verse at George H.W. Bush's funeral

    Jenna Bush Hager recites bible verse at George H.W. Bush's funeral

    Amid the long lines of people waiting in the Capitol Rotunda to pay their respects to former President George H.W. It came when the Trumps walked into the front pew at National Cathedral.
  • China vows quick action on U.S.  trade promises: 'The sooner the better'

    China vows quick action on U.S. trade promises: 'The sooner the better'

    One Chinese official told Reuters officials were "waiting for the leaders to return" before publicising details. The commerce ministry said China-US trade and economic discussions were "very successful".
    Free public transport being planned in Luxembourg

    Free public transport being planned in Luxembourg

    A recent study cited by The Guardian showed that drivers in the capital spent an average of 33 hours in traffic snarl-ups in 2016. Currently, fares are capped at €2 for anything up to two hours of travel, which covers most journeys in the 2,585 km² nation.
    O2 users across Wrexham affected by signal outage

    O2 users across Wrexham affected by signal outage

    These include subsidiary Giff Gaff, and third-party networks , notably GiffGaff, Tesco Mobile, Sky Mobile and Lycamobile. O2 customers have been locked out of their mobile data with thousands unable to access the internet and 4G services.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.