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Stock impact report

American postmaster wants Elon Musk's DOGE to save ‘broken' USPS [Fortune]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Fortune
The nation's top mailman this week signed an agreement with Elon Musk's Department of Government Efficiency to collaborate on reforms to the sprawling service, which delivers letters and packages from tropical Guam to the Alaskan wilderness. Rather than wait for the DOGE crew to dictate changes, DeJoy is seeking to shape them. “This was a short and healthy conversation” that stated a few days ago, DeJoy said in an interview. “We're off to the races.” Read More: Postal Service Head Signs DOGE Agreement to Spur Reforms He also wants to cement in place a series of reforms he's been pursuing for the last four years. Unnoticed by most Americans, the venerable Post Office has been trying to reinvent itself, cutting expenses while shifting to a modern hub-and-spoke distribution system similar to competitors United Parcel Service Inc. and FedEx Corp. For customers at least, DeJoy's “Delivering for America” reform plan has produced limited results, with many Americans now waiting long Show less Read more
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