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We think that the United says Postal business (USPS) as our first and oldest service partner. Beginning in 1994, Amazon founder Jeff Bezos would certainly pack publications in a garage in Seattle and also drive them to his local write-up office, wherein he knew he could count top top the USPS to deliver them.

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Today, us work very closely with the USPS to carry out excellent service and also to innovate because that our customers. The USPS does not receive direct taxpayer funds. It counts on revenue native its services, including package delivery. In 2020, packages contributed virtually $11 exchange rate in benefit for the USPS. Experts and also impartial regulators have consistently recognized that USPS’s partnerships through companies favor Amazon room a bright clues of growth and also profitability for the Postal Service, contributing billions in earnings annually and helping sustain USPS’s mission to offer every attend to in the nation.

Despite these solid partnerships, the USPS is not without challenge. As result of burdensome resources mandates and declining letter mail, the Postal business finds chin in a financially untenable situation: the is projected to lose $160 billion end the following 10 years, according to its own estimates.

Thankfully, the leaders of the U.S. Residence Oversight Committee and the U.S. Senate landscape Security and also Governmental affairs Committee recently presented bipartisan law to aid revitalize the USPS and get it back on a sustainable track.

The Postal business Reform Act would certainly implement systematic policy reforms to assist strengthen the USPS’s financial and also operational arms, and also ensure the firm could proceed to provide reliable organization to the American people and serve as terrific delivery and also logistics provider.

The legislation would likewise codify a ancient Postal business practice to keep an integrated delivery network that mail and packages 6 days every week. Americans across the country have long depended on the USPS for its reliable and also affordable delivery options. And, with individuals and also families significantly relying on residence deliveries for business and an individual needs, solidifying the essential services that the USPS couldn’t have come in ~ a far better time.

The Postal Service’s existing shipment network, v an unsurpassed footprint and also hundreds the thousands of specialized postal workers and letter carriers, can quickly make this happen. Codifying USPS’s universal business to ensure the can provide to every house, virtually every day, is just the best step to take to ensure the USPS deserve to remain self-sustaining together a universal shipment provider. The Postal service Reform Act likewise includes crucial reforms to assist get the USPS ago on strong financial footing. There has actually long to be bipartisan agreement in conference to aid alleviate the an ext than $130 billion in unfunded liabilities for retirees and USPS operating losses, i m sorry are estimated at end $9 exchange rate annually. This regulation works to do just that.

Doing away with the Postal Service’s 2006 mandate to pre-fund health benefits for retirees and also integrating postal employees right into the Medicare program will help stabilize USPS’s finances.

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We’re proud of ours partnership v USPS and also want to proceed working with the agency to innovate and deliver because that our customers well into the future. Through the home Oversight Committee’s swift breakthrough of the Postal organization Reform Act, we hope the complete U.S. House and also Senate will certainly follow suit. Enacting these common-sense revolutionary will aid guarantee the the USPS remains an affordable, reliable, and profitable package shipment system because that the American people.