Amazon planning to cut number of packages sent through USPS

(NewsNation) — Amazon announced this week it is planning on making substantial cuts to the number of packages it ships through the U.S. Postal Service (USPS).

The new development follows the e-commerce giant having already reduced postal shipments. Amazon is also aiming to cut the shipments by at least two-thirds ​by September, when its contract expires with the USPS.

“I couldn’t tell you where that’s going to end,” U.S. ​Postmaster General David Steiner said.

Steiner also recently acknowledged the USPS could be cashless within a year or even by October if it makes the required retirement payments.

Amazon and USPS have been negotiating for over a year to extend their relationship. Two months ago, the........

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