Published: Sat, April 14, 2018
Markets | By Noel Gibbs

Trump creates US Post Office task force after attacking Amazon

Trump creates US Post Office task force after attacking Amazon

Thursday's order marks the first official action by the Trump administration to potentially change the business structure of the Postal Service.

Discussion about Mont Belvieu's postal service woes took center stage at the city council meeting Monday night, and it seems as though the city will join forces with Barbers Hill ISD to get something done.

The task force, to be chaired by Treasury Secretary Steven Mnuchin, will examine USPS financial woes and come up with solutions to make it profitable.

Trump explained in the order that the Postal Service was on "an undercover financial course", and "needs to be compared to protect against a taxpayer-funded bail out".

Spotify and Hulu team up for $13 subscription bundle
Alex Norstrom, a Spotify executive, said in a statement Wednesday that the bundled package was "incredibly well received". Existing Spotify Premium subscribers can upgrade their plan to an option named " Spotify Premium, now with Hulu ".


"Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. THEY LOSE A FORTUNE", he said in an April tweet, declaring: "this will be changed". The president has accused Amazon of not paying its fair share of postage to the USPS.

Trump's argument isn't constructed entirely out of thin air.

The Washington Post reported per-package costs work out to roughly half the standard rate charged by other big shippers. The goal is to create conditions for USPS to "operate under a sustainable business model", Trump says.

"They get a little bit of special treatment, just because they pump in so much of the volume". Personally, I think the president uses Twitter mostly to rally his supporters to an issue rather than to inform. A Politifact analysis found that despite a notable drop in mail, the delivery of packages has been a boon for the struggling agency.

Checkout full schedule for National Basketball Association playoff
No matter how much the Cavs have struggled at times this season, LeBron James isn't losing in the first round of the playoffs . The NBA postseason kicks off on Saturday April 14 and will continue until June when a champion is crowned in the NBA Finals.


A similar bill that was presented earlier in the U.S. House of Representatives, called the Postal Reform Act of 2017, HR 756, has also received bipartisan congressional support. The fact is that the USPS receives no taxpayer dollars for operating expenses.

The full details of Amazon's deal with the USPS aren't public; estimates suggest it pays about $2 per package.

President Donald Trump has directed a presidential task force to study the United States Postal Service and how it prices packages.

On the other hand, Amazon could simply use the likes of UPS and FedEx for its last-mile delivery, according to Michael Pachter, managing director of equity research at Wedbush Securities.

Instagram Introduces 'Focus' Feature In Its Newest Updated Version
So you will be able to delete your Instagram account without deleting your data which includes photos, videos, and messages. Instagram says those with an iPhone SE and above can use the feature and so can users of certain unlisted Android devices.


Either way, now is probably a good time to remind the political powers that be that most of us love the post office.

Like this: