"It shall be the policy of my administration that the United States postal system operate under a sustainable business model to provide necessary mail services to citizens and businesses, and to compete fairly in commercial markets."
In his previous tweets, Trump has insisted that the Postal Service is losing money on the package deliveries it handles for Amazon.
First among the issues the commission is to address is "the expansion and pricing of the package delivery market and the USPS's role in competitive markets".
From there, Trump assigns a new task force to dig into the U.S.P.S. and do their thing within 120 days. "The USPS is on an unsustainable financial path and must be restructured to prevent a taxpayer-funded bailout".
It's a decision that came after the president's renewed attack on Amazon on March 31 when he tweeted: "It is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon".
While the terms of the contract remain confidential, the Postal Service has indicated that the pact with Amazon is profitable and points out that it's legally prohibited from delivering packages at rates below its delivery costs.
Amazon is the frequent target of Trump's ire: In the past, he has accused Amazon of harming retailers and having "a huge anti-trust problem".
The federal government will be taking a closer look at the U.S. Postal Service's finances. Revenue from packages grew by more than $2 billion from the prior year, by far the most of any service category.
A White House official said the presidential order was meant to come up with solutions to the problems at the Postal Service. But the USPS is still most likely undercharging businesses - not just Amazon - to ship packages.
The Postal Service says the law requires that such negotiated contracts must cover the Postal Service's costs and that postal regulators have studied the contract and approved it. "That amounts to Billions of Dollars".
Those gains, however, are not enough to offset declines in its mail business, its "main source of revenue and contribution". The task force will also review how the decline in mail volume is affecting the USPS, along with its work force and operations. Those obligations for current and past employees stood at $38 billion at the end of its most recent fiscal year. That appears to be working out for USPS, which said the growth in its package business was "a result of our successful efforts to compete in the ground shipping services and "last mile" e-commerce fulfillment markets, including Sunday delivery", in another financial report a year ago.
Also Harvey, Maria and Nate will no longer be used to name hurricanes due to their deadly impacts throughout the Atlantic basin. In the USA , seven direct deaths were reported, and an additional 85 indirect deaths occurred, 80 of which were in Florida.
Earlier this month, the coalition said the rebels attacked a Saudi oil tanker in the Red Sea, causing "minor damage" to the ship. Houthi rebels reportedly fired a number of missiles towards a Saudi government building.
Societe Generale reissued a "buy" rating and set a $87.00 price target on shares of ExxonMobil in a report on Tuesday, March 13th. Total volume is the number of shares or deals that point towards the overall activity of a security or market for a given period.
Men's team also didn't stay too far behind as they beat Nigeria in the final to present India its ninth gold in the Games. In the opening singles match, Sharath Achanta defeated Bode Abiodun in four games with Abiodun winning just one set.
On Friday, Modi had accused Congress of resorting to divisive politics and announced BJP's hunger strike as a protest. Party sources said Modi will stick to his schedule and work from his residence at 7, Lok Kalyan Marg despite the fast.
According to an exit poll conducted by ELS Research Center, the current president is leading the race with 82.71% of the votes. The OSCE monitors will present their observations at a news conference on Thursday.
Song Tao, the head of the Chinese Communist Party Central Committee's global department, will lead the mission. Chinese foreign minister Wang Yi held bilateral talks with his North Korean counterpart Ri Yong Ho on April 3.
With the four new retirees, there have been 86 names pulled from the Atlantic list since 1953, when storms began to be named. Hurricane Nate hit Central America and the Gulf Coast of the US , eventually becoming a Category 1 hurricane.
Drivers can also create a profile, which can help riders know more about the driver, including what he does outside of Uber . Getaround operates in 10 United States cities, including San Francisco, Chicago, Washington DC, Boston, and Los Angeles.
The PM pledged to fulfil the sanitation dream of the Father of the Nation and make banks of the Ganga open-defecation free. They feel if the poor are strengthened, then they (opposition) will not be able to speak lies.
Knicks will at least try to make Jay Wright their head coach
Mills and Perry apparently weren't pleased with the results, though they knew the Knicks were rebuilding with younger players. Perry was hired two weeks into free agency, which inevitably tied his hands as far as finding his own coach was concerned.
IPL: Rajasthan Royals reign at home after the rain
Even a year ago , Samson had started off with a bang for Delhi , but along with his side, his personal form also waned. He was picked from the Registered Available Player Pool list and this will be his first outing in the VIVO IPL .
Lady 'Cats win two games as season end nears
Against Springfield Wednesday night Watts was one of the top hitters, driving in a run with an RBI double in the third inning. Sam Buddelmeyer had it all working at the plate and on the base paths in the game as he went three for three in the game.
Bayern Munich vs Sevilla, Champions League
Luis Muriel did not play against Celta de Vigo, suggesting that Montello might start him over Wissam Ben Yedder on Wednesday. But Sevilla also had chances, first for Pablo Sarabia, then Joaquin Correa .
TBI Associated With Increased Risk of Subsequent Dementia
The new study took account of other influences on dementia risk including diabetes, heart disease, depression and substance abuse. Those who sustained a TBI in their 30s were 37% more likely to develop dementia 30 years later compared to those who did not.