the guy has it out for amazon because he's butt hurt about some stuff the washington post publishes about him
I agree.
All I'm suggesting is relax with your trump kool-aid
No Trump kool-aid, and if they are not losing money, then why did Postmaster General Megan Brennan just double what Amazon pays per package?
Trump cannot force her to do that, unless of course these confidential price agreements with Amazon don't reflect what the Post Office is telling us.
This price increase announcement came shortly after President Trump’s executive order for an analysis of the U.S. Postal Service’s financial situation. Coincidence?
Is someone going to get caught with their hand in the cookie jar?
And I'm not here to bash or defend the Post Office. I replied to a thread that UPS makes money from Amazon and that we have a ton of jobs due to Amazon.
So, if you are correct, President Trump is helping the private sector Union worker yet again.
FedEx is non-union.
Amazon can't handle it's own volume.
Not all of it, and not right now. They still use us and FedEx.
See how fast things change if and when the Post Office doubles Amazon's shipping rate.
UPS and FedEx have been suing the Post Office for many years about them undercharging for package rates to subsidize letter delivery.
I know you meant overcharging for letter delivery to subsidize package rates. Another reason why the Post Office is losing so much money. First class volume is down 3.6 percent. Less revenue to subsidize the package portion.
But wait, package volume was up 11.4 percent. This yields a net increase of 7.8 percent in volume, so why are they still losing Billions with an 8% increase in volume?
I don't know. Their financials are confidential. Everyone, including me, is just speculating and/or believing the rhetoric that we are being told.
If Trump was wrong and Postmaster General Megan Brennan thought she was being bullied into raising the rates, she could have just whipped out the numbers to shut Trump up.
She never did. She is now raising the rates. Coincidence?
