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What does privatization of the US Postal Service mean?(freightwaves.com)

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Link preview US Postal Service on brink of financial collapse, chief tells Congress The U.S. Postal Service needs relief from unfunded mandates and operating restrictions that have created a cash crisis for the nation’s mail service, Postmaster General David Steiner warned Congress. FreightWaves · freightwaves.com
No private company is logistically capable of delivering the mail. So what does privatization of the US Postal Service mean?

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