Together, letters and marketing mail make up more than two-thirds of postal revenue. But that hasn’t been enough to offset pension and health care costs as well as declines in first-class letters and marketing mail. Amazon sends packages via the post office, FedEx, UPS and other services.īut while the post office has lost money for 11 years, package delivery – which has been a bright spot – is not the reason.īoosted by e-commerce, the USPS has enjoyed double-digit increases in revenue from delivering packages.
But as an independent agency, the USPS does not use taxpayer money.Ī spokesman for the US Postal Service declined to comment.Īmazon lives and dies by shipping and an increase in the rates it pays could certainly do some damage. He suggested the postal service deal with Amazon hurt taxpayers. The president returned to the offensive this week after the website Axios reported that he was “obsessed” with the company. Its founder, Jeff Bezos, owns the Washington Post, which Trump has called “fake news” over its reporting of his campaign and presidency, not least the continuing investigation by special counsel Robert Mueller of Russian election interference and alleged collusion by figures linked to Trump. Amazon must pay real costs (and taxes) now!”Īmazon has been a consistent target, suffering falls in its stock price after presidential attacks. ‘increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.’ This Post Office scam must stop.
In tweets on Saturday morning, Trump said: “The US Post Office will lose $1.50 on average for each package it delivers for Amazon. Federal regulators, however, have found the contract with Amazon to be profitable.
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