Ina Steiner EcommerceBytes Blog
News and insight focusing on ecommerce.
by Ina Steiner, Editor of EcommerceBytes.com
Tue Nov 8 2016 16:40:20

Secret Deal between USPS and Chinese Shipping Firm

By: Ina Steiner

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It's not surprising the US Postal Service would sign a deal with an international shipping firm, but what is surprising is the secrecy over one such supposed deal. 

But on second thought, given the negative publicity over its epacket deal with China Post, maybe it's not surprising after all that the USPS would stay mum.

ZTO Express said it planned to expand its global footprint beyond China starting with the US market, according to CNBC. The company said it had "recently entered into a partnership with the United States Postal Service for cross-border transaction."

But CNBC could get no further information from either party.

In a follow-up article, CNBC said ZTO Express had published pictures of a postal executive signing a document against a backdrop with the logos of both ZTO and USPS.

While ZTO is incorporated in the Cayman Islands, it went public on the New York Stock Exchange at the end of October - and substantially all of its operations are conducted in China, and substantially all of its assets are located in China, according to its filing with the SEC.

In its prospectus, ZTO Express wrote, "In addition, we intend to begin providing delivery services between the United States and China through our U.S. affiliate." And, it wrote: "We plan to leverage our extensive domestic delivery network and capabilities and seek alliances with global logistics and postal service providers to strengthen our presence in the cross-border e-commerce markets."

One could surmise that the USPS entered into a deal to help deliver goods from China to the US at a time when US sellers are already upset at the Postal Service for helping Chinese sellers deliver small parcels to US buyers at costs they can't match.

It could be a two-way street with the USPS helping deliver packages from the US to China. Unfortunately, the USPS's silence only helps foster concern over what's ahead for US sellers. We've got an inquiry into USPS and will report back when we learn more.

UPDATE 11/9/16: USPS spokesperson David Partenheimer told EcommerceBytes he could not confirm a signing and said, "We have nothing to announce regarding this issue at this time."




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Readers Comments

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: FeelingFroggy This user has validated their user name.

Tue Nov 8 17:46:01 2016

USPS is becoming as corrupt as the politicians in Washington with no accountability to anyone.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: FeelingFroggy This user has validated their user name.

Tue Nov 8 18:39:33 2016

Someday the American people are going to wake up and realize that they are being taken to the cleaners.

Unfortunately it won't be in my life time.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: DonC This user has validated their user name.

Wed Nov 9 00:51:38 2016

FeelingFroggy

The results of today's election may change things.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: puppy This user has validated their user name.

Wed Nov 9 03:56:12 2016

DonC, exactly what I was thinking. This deal may not go as they intended. Interesting times....interesting evening.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: flybuy This user has validated their user name.

Wed Nov 9 05:00:50 2016

I agree. Hopefully our new president will level the playing field when it comes to international shipping costs.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

This user has validated their user name. by: Rexford

Wed Nov 9 06:38:24 2016

It's November 9th folks.  You ain't seen nothing yet. Goodbye checks and balances and goodbye any sort of regulation. America has it's first sociopathic narcissist dictator. More tax cuts for the rich on the backs of the poor. Burn coal burn.  

Hopefully this will be the last hurrah for the party of old white men.  

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: FeelingFroggy This user has validated their user name.

Wed Nov 9 07:35:16 2016

Bigger than Brexit. America finally woke up. I'm holding a door opening event for all those so called hollywood type elitist so it doesn't smack them in the back on the way to their new home.

Hillary got thump by Trump.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: epuise This user has validated their user name.

Wed Nov 9 08:11:18 2016

God save the United States of America.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

This user has validated their user name. by: RKTOYS

Wed Nov 9 09:14:14 2016

The Democrats had a great candidate until the DNC willfully pushed him aside for the TransPacific Princess and in doing so robbed many Americans of a meaningful choice.  Besides, the danger isn't who will sit in the White House come January but the failure to reject the worthless "leadership" of the Senate and House that didn't even try to disguise their seething contempt for working Americans behind a veneer of populism.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: GotToGetOut This user has validated their user name.

Wed Nov 9 09:20:37 2016

Maybe now that we have a same party House, Congress and President we can get something done -- hopefully, make China pay for their own postage instead of putting the cost out onto U.S. taxpayers.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

This user has validated their user name. by: Rexford

Wed Nov 9 13:35:57 2016

"Maybe now that we have a same party House, Congress and President we can get something done"

This is hysterical.  I'm waiting for the moment when those who voted for him have the inevitable epiphany---that he does not and never intended to do anything for the poor and middle class. And he surely isn't going to do anything about USPS for God's sake. The electorate are like lambs to the slaughter.

You have to hand it to him though, there is no better con man than Don the Con. Enjoy those tax cuts for the  very wealthy. You won't see a piece of that pie.

Perminate Link for Secret Deal between USPS and Chinese Shipping Firm   Secret Deal between USPS and Chinese Shipping Firm

by: mcposty This user has validated their user name.

Wed Nov 9 22:42:25 2016

If Trump does only one thing right please let it be to stop coddling China.

Usps are TRAITORS..postal workers should strike and so should we



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