Amazon and USPS struck a deal where USPS keeps handling 80% of Amazon's small parcels. USPS has lost $118 billion since 2007 and warned it was running out of cash. Amazon invested $4 billion in rural delivery to reduce its reliance on the postal service.
A story won this week, a flip-flop story just in time for the summer. Amazon and USPS. Amazon and the US Postal Service have finally agreed to keep seeing each other. USPS retains about 80% of Amazon's delivery volume. You know, those shitty small parcels no one makes money on. But it did sell over a billion parcels a year, and now Amazon had threatened to cut those ties. USPS said it would literally run out of cash by October. So what we got was a compromise, or as it's known in logistics, The thing you do when you realize that you cannot deliver 160 million addresses by yourself. Amazon is spending $4 billion rolling out rural delivery services. USPS has accumulated $118 billion in losses since 2007.
Where is the consumer now? Reagan took to the field for the V Spot news .. #ecomm #ecommerce
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