Experts suggest that a fully privatized U.S. Postal Service could lead to increased rates, reduced service frequency, and a network similar to FedEx and UPS. President Trump’s administration is considering privatization to address financial losses, prompting concerns from Postal Service employees and Congress about potential risks to rural service and job security. Postmaster General Louis DeJoy emphasizes that any structural change is up to Congress and the President. The Postal Service is already implementing cost-cutting measures and seeks to attract more package shippers, but faces significant operational constraints and financial challenges.

Source: https://www.supplychaindive.com/news/usps-privatized-trump-dejoy-impacts/742118/