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The Latest UPS Headlines
UPS pushes for changes to Postal Service reform bill
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<blockquote data-quote="cheryl" data-source="post: 4953997" data-attributes="member: 1"><p><a href="https://news.yahoo.com/ups-pushes-changes-postal-reform-030000329.html" target="_blank"><strong>UPS pushes for changes to Postal Service reform bill - Yahoo</strong></a></p><p></p><p>As Congress deliberates on a bill to put the United States Postal Service on a better financial footing, competitor UPS is lobbying furiously to make things more difficult for its old nemesis.</p><p></p><p>The Postal Service has lost money every year since 2009, but a recent bright spot on its balance sheet is package delivery. It made about $11 billion in delivering packages in 2020, as Amazon and other delivery-dependent businesses boomed amid COVID-19.</p><p></p><p>The Postal Service did that by utilizing and expanding its existing systems and fleet for mail delivery. A bill pending before Congress called the Postal Service Reform Act of 2021 would codify this integrated way of doing business.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4953997, member: 1"] [URL='https://news.yahoo.com/ups-pushes-changes-postal-reform-030000329.html'][B]UPS pushes for changes to Postal Service reform bill - Yahoo[/B][/URL] As Congress deliberates on a bill to put the United States Postal Service on a better financial footing, competitor UPS is lobbying furiously to make things more difficult for its old nemesis. The Postal Service has lost money every year since 2009, but a recent bright spot on its balance sheet is package delivery. It made about $11 billion in delivering packages in 2020, as Amazon and other delivery-dependent businesses boomed amid COVID-19. The Postal Service did that by utilizing and expanding its existing systems and fleet for mail delivery. A bill pending before Congress called the Postal Service Reform Act of 2021 would codify this integrated way of doing business. [/QUOTE]
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