The Hill: .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….

Amazon and USPS have been negotiating for over a year to extend their relationship. Two months ago, the postal service started taking proposals for ​access to its last-mile delivery network and opened more than 18,000 destination delivery units and local processing centers nationwide.

“We negotiated with [the Postal Service] in good faith for over a year to try and reach a deal that would bring them billions in revenue and believed we were heading toward an agreement, when the USPS abruptly walked away at the 11th hour and introduced the auction concept,” an Amazon spokesperson said.

Read more: Amazon plans substantial cuts to USPS package shipments

Read Amazon statement on the matter

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