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Home » Trump Said Amazon Cost the USPS ‘Billions.’ But the Post Office Has a Different Explanation.

Trump Said Amazon Cost the USPS ‘Billions.’ But the Post Office Has a Different Explanation.

0518_TrumpSaidAmazonCost.jpg
May 18, 2018
The Washington Post

Trump made waves in March when he declared that the Postal Service was losing money on every package it delivered for Amazon and falsely asserted that The Washington Post was a lobbyist for the company, before ordering a review of the service’s finances.

The Post is owned by Jeffrey P. Bezos, who is the founder and chief executive of Amazon, but the two firms are independent of each other.

But the Postal Service’s second-quarter results, which were released last week, note that increases in shipping and package volume remained areas of strong revenue growth amid other declines and economic pressures, which added up to a $1.3bn net loss in the quarter.

Though mail was down by 700 million pieces, or 2.1 percent, package volume grew by some 70 million pieces, about 5 percent, the report said.

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KEYWORDS E-Commerce/Omni-Channel Express/Small Shipments Global Supply Chain Management Industrial Manufacturing Logistics Logistics Outsourcing North America Quality & Metrics Retail Transportation & Distribution
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