UPS, following the passage of comprehensive postal reform legislation by the House Government Reform Committee, has announced its support of H.R. 4341 and says it is committed to work toward its final passage in Congress.
The House Government Reform Committee’s Special Panel on Postal Reform and Oversight held numerous hearings with key stakeholders in the mailing industry over the past year to develop comprehensive postal reform legislation, and the Postal Accountability and Enhancement Act of 2004 mandates significant reform measures to move the Postal Service towards sound financial footing, while enhancing regulatory oversight.
“This legislation is an important step toward long-term, comprehensive postal reform. The Postal Service plays a vital and critical role in facilitating commerce in our nation. This legislation will provide the Postal Service with flexibility as well as necessary oversight to effectively compete in the mailing industry," said UPS Chairman and CEO Mike Eskew.