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UPS, USPS praise move to pull U.S. out of international shipping treaty
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<blockquote data-quote="cheryl" data-source="post: 3785085" data-attributes="member: 1"><p><a href="https://www.freightwaves.com/news/economics/ups-praises-trump-move-to-renegotiate-international-postal-rates" target="_blank"><strong>UPS, USPS praise move to pull U.S. out of international shipping treaty - FreightWaves</strong></a></p><p></p><p>Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty. The treaty, agreed to in 1874, sets fees for international shipping of mail and small parcels (under 4.4 pounds) around the world. Since 1969, the treaty has assigned lower shipping rates to developing countries, including China, in an effort to boost their competitiveness globally.</p><p></p><p>UPS spokesperson Kara Ross sent FreightWaves this statement on behalf of David Abney, chairman & CEO of UPS. “UPS believes the administration took the right step in addressing the inequities of the UPU system of terminal dues. Foreign postal operators should not be given government approved advantages in what is a competitive market. All parties should pay the same parcel delivery rates for the same services from the U.S. Postal Service, regardless of whether the country of origin is foreign or domestic.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 3785085, member: 1"] [URL='https://www.freightwaves.com/news/economics/ups-praises-trump-move-to-renegotiate-international-postal-rates'][B]UPS, USPS praise move to pull U.S. out of international shipping treaty - FreightWaves[/B][/URL] Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty. The treaty, agreed to in 1874, sets fees for international shipping of mail and small parcels (under 4.4 pounds) around the world. Since 1969, the treaty has assigned lower shipping rates to developing countries, including China, in an effort to boost their competitiveness globally. UPS spokesperson Kara Ross sent FreightWaves this statement on behalf of David Abney, chairman & CEO of UPS. “UPS believes the administration took the right step in addressing the inequities of the UPU system of terminal dues. Foreign postal operators should not be given government approved advantages in what is a competitive market. All parties should pay the same parcel delivery rates for the same services from the U.S. Postal Service, regardless of whether the country of origin is foreign or domestic.” [/QUOTE]
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UPS, USPS praise move to pull U.S. out of international shipping treaty
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