By law, only you and the U.S. Postal Service are allowed to put things in your mailbox. But what if companies like FedEx and UPS could do it too?
That could happen under a recommendation by the Trump administration.
A White House task force said in December that USPS should “explore franchising the mailbox as a means of generating revenue.”
The Postal Service could use the cash.
It’s been losing money for years, including a $3.9 billion loss in fiscal 2018. It’s no surprise. People are mailing fewer letters — first-class volume dropped by 2.1 billion pieces last year. To help offset that drop, USPS raised stamp prices by 5 cents in January — its largest increase ever.
By allowing access to private companies for a fee, the agency could earn cash without making changes to its current products, the task force says. The proposal did not name any specific companies, but it brings firms like FedEx and the United Parcel Service to mind.