President Trump ordered a review of the Postal Service, signing an executive order late Thursday, April 12.
The Executive Order stipulates that "the steep decline in First-Class Mail volume, coupled with legal mandates that compel the USPS to incur substantial and inflexible costs, have resulted in a structural deficit where revenues are no longer sufficient to fund the pension liabilities and retiree health obligations owed to current employees."
It also establishes a task force to conduct a thorough evaluation of the operations and finances of the USPS, including:
the expansion and pricing of the package delivery market and the USPS's role in competitive markets;
the decline in mail volume and its implications for USPS self-financing and the USPS monopoly over letter delivery and mailboxes;
the definition of the "universal service obligation" in light of changes in technology, e-commerce, marketing practices, and customer needs;
the USPS role in the U.S. economy and in rural areas, communities, and small towns; and
the state of the USPS business model, workforce, operations, costs, and pricing.
The task force has been mandated to issue a report outlining proposed changes within 120 days.
Read more at The Official Mail Guide.