UPS Supports Comprehensive Postal Reform Legislation
Following passage of comprehensive postal reform legislation by the House Government Reform Committee, UPS has announced its support of H.R. 22 and committed to work toward final passage in Congress.
The Postal Accountability and Enhancement Act of 2005 mandates significant reform measures to move the Postal Service toward sound financial footing while enhancing regulatory oversight. Last year, the House Government Reform Committee’s Special Panel on Postal Reform and Oversight held numerous hearings with key stakeholders in the mailing industry to develop comprehensive postal reform legislation.
“This legislation is an important step toward long-term, comprehensive postal reform,” stated UPS Chairman and CEO Mike Eskew. “The Postal Service plays a vital and critical role in facilitating commerce in our nation. This legislation will provide the Postal Service with flexibility as well as necessary oversight to effectively compete in the mailing industry.”
UPS commended the leadership of Chairman Tom Davis, (R-Va.); ranking member Rep. Henry Waxman (D-Calif.); Rep. Danny Davis (D-Ill.), and the chairman of the Special Panel on Postal Reform, Rep. John McHugh (R-N.Y.).
“After months of hearings and meetings with stakeholders from diverse perspectives in the mailing community, Chairman Davis and the leaders of the House Government Reform Committee are to be congratulated for creating effective, comprehensive legislation critical to our nation’s economy,” Eskew added.
