Amazon is planning to sharply reduce the number of packages it routes through the U.S. Postal Service, a move the Wall Street Journal reports could cost the USPS millions of dollars in revenue. The change could modestly reduce USPS parcel volumes and revenue while benefiting Amazon's own logistics network or alternative carriers; impact on public markets should be limited but noteworthy for USPS operations and parcel carriers.
Amazon is planning to sharply reduce the number of packages it routes through the U.S. Postal Service, a move the Wall Street Journal reports could cost the USPS millions of dollars in revenue. The change could modestly reduce USPS parcel volumes and revenue while benefiting Amazon's own logistics network or alternative carriers; impact on public markets should be limited but noteworthy for USPS operations and parcel carriers.
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