Quadrupling USPS’ parcel rates would cause economic catastrophe, report warns

The U.S. Postal Service (USPS) could be forced to exit the parcel-delivery business and e-commerce customers could face up to an $865 billion increase in shipping costs over the next five years if USPS quadrupled its parcel rates as President Donald Trump has demanded, according to a study published Monday by a prominent consulting firm

The 66-page report, written by Boston-based Charles River Associates and commissioned by the Package Coalition, a group of 25 large postal users that strongly...

https://www.freightwaves.com/news/quadrupling-usps-parcel-rates-would-cause-economic-catastrophe-report-warns

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