Postal Service Urged to Weigh Contracting Most Operations

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Postal Service Urged to Weigh Contracting Most Operations - Bloomberg

The U.S. Postal Service should consider keeping door-to-door delivery while privatizing the rest of its operations, a panel led by former Government Accountability Office head David Walker found.

The Postal Service, which lost $15.9 billion last year and exhausted its $15 billion borrowing limit, should consider expanding partnerships with the private sector, a report released today by a National Academy of Public Administration panel said. The post office already partners with companies including FedEx Corp. (FDX) and United Parcel Service Inc. (UPS)

The academy report recommended reviewing, with caution, the idea that the Postal Service should get out of mail sorting and transportation, leaving that to companies that can do the work more efficiently.
 
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