Amazon doesn’t want the blame for the Post Office going under
#Amazon #USPS #shipments #contract negotiations #financial crisis #Wall Street Journal #ecommerce #logistics
📌 Key Takeaways
- Amazon denies responsibility for USPS financial troubles after reports of planned shipment cuts.
- The company claims USPS 'abruptly walked away' from contract negotiations, leading to stalled talks.
- Amazon plans to reduce USPS shipments by at least two-thirds by fall when the current contract expires.
- The dispute follows a Wall Street Journal report highlighting USPS's funding crisis and Amazon's shipping strategy.
📖 Full Retelling
Amazon is going on the defensive after a report from The Wall Street Journal revealed that the ecommerce giant plans to slash shipments with the United States Postal Service, which said this week that it's running out of money. In a lengthy statement published on Wednesday , Amazon says it didn't want to reduce shipments with the USPS, and that negotiations only stalled after the USPS "abruptly walked away" from negotiations for a new contract.
As reported by the WSJ , Amazon plans to cut packages sent through the USPS by at least two-thirds by this fall, around the same time its contract with the independent federal agency is set to expire. …
Read the full story at The Verge.
🏷️ Themes
Corporate Responsibility, Logistics Dispute
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Original Source
Amazon is going on the defensive after a report from The Wall Street Journal revealed that the ecommerce giant plans to slash shipments with the United States Postal Service, which said this week that it's running out of money. In a lengthy statement published on Wednesday , Amazon says it didn't want to reduce shipments with the USPS, and that negotiations only stalled after the USPS "abruptly walked away" from negotiations for a new contract.
As reported by the WSJ , Amazon plans to cut packages sent through the USPS by at least two-thirds by this fall, around the same time its contract with the independent federal agency is set to expire. …
Read the full story at The Verge.
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