Business

UPS pushes for changes to Postal Service reform bill

By Jeremy Lott
Published August 6, 2021 3:00am ET
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UPS pushes for changes to Postal Service reform bill
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 […]

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.

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Lobbying Post Office Shipping Supply chain Transportation UPS USPS