economy
Amazon says U.S. Postal Service 'walked away at the eleventh hour' in negotiations
Amazon said it was working toward a new agreement with the U.S. Postal Service to increase volumes before talks fell apart.
TL;DR
- Amazon claims the U.S. Postal Service abruptly ended contract renewal negotiations in December.
- Amazon sought to increase its package volumes with the Postal Service before talks collapsed.
- The company plans to significantly reduce its reliance on the Postal Service for deliveries.
- Amazon has submitted a bid in the Postal Service's new auction process.
- The Postal Service is facing financial difficulties and is seeking financial viability.
- Amazon has been expanding its own logistics and delivery network, including rural areas.