Should the U.S. Postal Service Raise Its Rates? [The Motley Fool]
Morgan Stanley (MS)
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Source: The Motley Fool
A task force believes package delivery should be more expensive. The United States Postal Service (USPS) has not traditionally priced its package delivery service based on the cost of delivering packages. A government task force believes this should change and that prices need to go up in areas where the USPS loses money. As a result, retailers might make changes to how they promote free shipping to customers and whether they offer incentives to get consumers to pick up in stores. This could create a ripple effect that causes Amazon.com ( NASDAQ:AMZN ) , FedEx ( NYSE:FDX ) , and UPS ( NYSE:UPS ) to reassess some things. A full transcript follows the video. This video was recorded on Dec. 13, 2018. Nick Sciple: Let's talk about another wild card that's getting thrown in. Again, from the executive branch, there's currently a Treasury-led task force that is proposing the U.S. Postal Service should charge more for their package deliveries. The task
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