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Amazon cuts back Postal Service deliveries in new agreement
The revised deal keeps more than 1 billion Amazon packages in the Postal Service network and eases pressure on the agency’s finances.
- Amazon.com has reached a new agreement with the U.S. Postal Service to retain around 80% of its existing deliveries with USPS, or more than 1 billion packages per year.
- Amazon represented $6 billion in annual revenue to USPS, which has a roughly $80 billion budget.
- The renewed delivery agreement, pending regulatory approval, is welcome news for USPS, as Amazon is its largest customer.
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Amazon and U.S. Postal Service Reach New Deal on Deliveries After Year of Talks
Amazon reached a tentative agreement with the U.S. Postal Service that will reduce the number of packages the e-commerce giant ships through the beleaguered agency, concluding a tumultuous negotiations process.
·Cherokee County, United States
Read Full ArticleUSPS handed lifeline after new deal with Amazon to deliver 1 billion packages
The deal comes amid a shifting landscape where Amazon increasingly competes with traditional carriers like FedEx and UPS, both of whom have grown wary of over-reliance on a major industry rival
·London, United Kingdom
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Total News Sources48
Leaning Left9Leaning Right3Center19Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 29%
C 61%
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