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Amazon to Cut USPS Shipments by 2/3, USPS Warns of Cash Shortage

Published 3 weeks, 2 days ago
Description

Amazon to Cut USPS Shipments by Two-Thirds; USPS Warns of Cash Shortage

Amazon plans to significantly reduce its shipments with the USPS, citing failed negotiations and a need for fair pricing. The USPS, facing a cash crunch, warns of potential insolvency without borrowing authority and rate increases.

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