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The US Postal Servicefaced with an uncertain future after resignation this week’sPostmaster General Louis DejoyAnd what President Donald Trump and Elon Musk, led the Department of Government Effectianciency, the mail servicecan be privatized.
Unions represent workers to posts of workers at the idea of privatization, playing games around the country.
As they supported modernization efforts,including DEJOY ‘s initiatesUnion leaders warn that private corporations to run US mail will eventually damage the daily citizens dependent on the service areas that dependent on rural services
“It’s a terrible idea for all we have served,” National Association of Solt Carriers Brian L. Renfroe in a Washington, DC, DC panel discussion.
The next thing can be dependent on who can be the next postmaster general. the US Postal Service The Board of Governors, an independent construction of the executive branch in charge of the postal service, stays a global consulting company to seek for 76th postmaster General and CEO.
USPS now used about 640,000 workers who are assigned to deliver from city contents to mountain areas and even far off islands.
Trump and Musk are looking to make big changes in USPS
In February,Trump saysHe can put the US Postal Service in the Commerce Department Control of what can be an Executive Branch to get the agency, acting as an independent entity since 1970.
“We would like to have a post office working well and did not lose a lot of money,” Trump said during the rites of swearing Howard Lutnick. “We think about doing that. And it’s a form of a coexist, but keep the postal service, and I think it works better.”
While he did not say anything about the privatization of the movement, the President expressed support for the idea before. In December, he proposed private the service provided by the competition faced this AmazonUPS, Fedex and so on.
“It’s an idea that many people have a long time. We look at it,” said the President.
Musk, in the meantime, it supports this month in a tech conference for private service services, saying, “has been privatized any reasonable privatization,” reported in the New York Times.
Postal workers protest, warns Americans to lose a loved service
All over the country, postal workers run into protests in recent days, many singing “US mail not sold:” The post offiect is in humans, not billionaire, “a billionaire,” a billionaire, “a billionaire.
Renfroe says the purpose of protests is to make public knowledge of Americans that changes many changes are considered for post service.
“Our message is: ‘No.’ Private business is interested in doing great things, as they need, “he said.” But that’s the difference in private, wherever they live, for the same price each day. “
How do USPs end in such a poor financial position?
Since an organization again in 1970, USPS is mostly funded by one’s self. Most annual $ 78.5 billion budgets from customer fees, according to Congress research service. Congress provides little annual approval – about $ 50 million in fiscal year 2023 – to repeat free and reduced mail services.
Between challenges that include reduced useful mail and cost of retirement benefits, postal service has been accumulated$ 87 billion in lossFrom 2007 to 2020. However, the service reported a $ 144 million profit in the previous quarter, Dejoy’s 10-year plan of operations. The service reported a net loss of $ 2.1 billion for the same quarter last year.
“By continuing product portfolio, we have extended our position in the shipping market competition,” Deutiy saidIn a written statementFebruary that includes the first quarter results for fiscal year 2025.
Union Leaders said Wednesday that they hope the next postmaster General sticks with the modernization plan and considers harnessing the postal service to provide other services to the public, including basic banking, electric vehicle charging and even US census work.
“Our network of physical locations, retail locations … Our delivery network, puts us in a position to do many different things,” Renfroe said.
This story originally shown Fortune.com
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