As the following back-of-the-envelope analysis will suggest, the Postal Service could be making as much as a billion dollars a year off the Amazon deal.
CNBC: President Trump isn’t the only one questioning the post office’s pricing strategy. UPS, the shipping giant, has been in a back-and-forth with Amazon in recent years over the post office’s cost structure, which has direct impact on how the Postal Service sets its package shipping prices, according to public documents filed with the Postal Regulatory Commission (PRC). In a … Read More
BY MARK JAMISON The United Parcel Service is very concerned that you might be paying too much for a postage stamp. If you’re wondering why UPS would be worried about something like that, it has to do with the way postal rates are set. According to the law, each USPS product is supposed to cover its share of the … Read More
Congressman Paul Ryan, who may be our next Vice President, hasn’t had much to say about the U.S. Postal Service. He has a statement on his website about the agency’s financial problems, but it basically just nutshells the bills put forward by Darrell Issa and Stephen Lynch. The only thing of substance in the statement is Ryan’s rejection of the … Read More
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