Amazon Slashes Postal Shipments Amid USPS Financial Woes

Amazon has pushed back against accusations that it’s responsible for the United States Postal Service (USPS) running out of money, claiming that negotiations for a new contract stalled due to the postal agency’s “unreasonable” demands. According to reports, Amazon plans to significantly reduce its shipments through the USPS by this fall, citing the agency’s inability to meet demand. The move is expected to have a major impact on the USPS, which has been struggling financially in recent years. In a statement released earlier this week, Amazon denied any wrongdoing and expressed frustration with what it called the “abrupt walkout” of USPS representatives during contract negotiations. The company claims that its proposal for a new deal was reasonable and fair, but was met with resistance from the postal agency. The WSJ report suggests that Amazon’s decision to slash shipments with the USPS is a response to the agency’s inability to meet demand, rather than any intentional attempt to hurt the business or the US economy.