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Trump Personally Pushed Postmaster General To Double Rates on Amazon, Other Firms: Report (washingtonpost.com)
President Trump personally urged the leader of the U.S. Postal Service to double the rates the agency charges Amazon and other firms for delivery packages in several private conversations in 2017 and 2018, The Washington Post reported Friday (alternative source). From the report: Postmaster General Megan Brennan has so far resisted Trump's demand, explaining in multiple conversations occurring this year and last that these arrangements are bound by contracts and must be reviewed by a regulatory commission, the three people said. She has told the president that the Amazon relationship is beneficial for the Postal Service and gave him a set of slides that showed the variety of companies, in addition to Amazon, that also partner for deliveries.
Despite these presentations, Trump has continued to level criticism at Amazon. And last month, his critiques culminated in the signing of an executive order mandating a government review of the financially strapped Postal Service that could lead to major changes in the way it charges Amazon and others for package delivery. Few U.S. companies have drawn Trump's ire as much as Amazon, which has rapidly grown to be the second-largest U.S. company in terms of market capitalization. For more than three years, Trump has fumed publicly and privately about the giant commerce and services company and its founder Jeffrey P. Bezos, who is also the owner of The Washington Post.
Despite these presentations, Trump has continued to level criticism at Amazon. And last month, his critiques culminated in the signing of an executive order mandating a government review of the financially strapped Postal Service that could lead to major changes in the way it charges Amazon and others for package delivery. Few U.S. companies have drawn Trump's ire as much as Amazon, which has rapidly grown to be the second-largest U.S. company in terms of market capitalization. For more than three years, Trump has fumed publicly and privately about the giant commerce and services company and its founder Jeffrey P. Bezos, who is also the owner of The Washington Post.
Won't that just push Amazon to set up their own private courier services? Not that I feel sympathy for either side of this fight.
I am sorry the company CEO is hurting the Presidents fragile Ego. But shouldn't he be Mr. Business man? Who looks at the big picture and works to make profitable deals no matter what your personal feelings are to the other person? Just as long as Amazon and like companies are not being charged at a loss at such bulk rates this is money to the USPS system, that isn't going to its competitors of FedEx and UPS. Doubling the Rates will not hurt Amazon that much, It will just hurt the USPS because Amazon will just move to the next cheapest shipping method.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
You'd think that as a self-professed "businessman", Trump would understand how demand curves work -- if you double the price of a product, demand decreases, if other suppliers (UPS, Fedex, Ontrac, Amazon's own service, etc) can deliver for less, then the postoffice loses out on income for a business that costs very little to provide when they are already sending workers out to every address.
Though I'd be happy to see Amazon stop using the USPS -- they are the least reliable of all of the other services Amazon uses, packages sometimes show up days after they were marked "delivered", or don't show up at all. I fairly often get packages meant for neighbors, I assume this is the source of the delayed packages.
Fedex and UPS are the best, packages show up on time. Amazon's own delivery service has been ok, but seem to have a high number of rescheduled deliveries when they've run out of time to deliver. Maybe I'm on the end of the route.
They're not subsidizing Amazon. They were turning a mild profit until they were forced to pre-pay pensions by law instead of acting like any other government or private entity.
Did you miss the part where the postmaster general said that these arrangements are beneficial to the post office?
Is there any data to back up your claim that they're losing money on the deal?
The whole issue here is that the USPS is subsidizing Amazon delivery, by charging rates lower than what it actually costs to ship things. Other mail fees are subsidizing Amazon, how is that right???
That is a lie.
USPS financial report
"You want to know how to help your kids? Leave them the fuck alone." -George Carlin
This story about the U.S. Postal Service, Amazon/Jeff Bezos, and Donald Trump, is case-in-point as to why he never was Presidential material, why he is not a good President now, and why he never will be a good President, ever: Donald Trump is incapable of de-coupling his ego from his personality when it comes to his duty as President of the United States. The lies, the staffing choices based on personal loyalty and not personal integrity and aptitude, the grandstanding (attention whoring, basically), the temper-tantrums when he doesn't get his way, and decision-making based on personal grudges and personal vendettas (as is the case here specifically) are all anyone with two eyes and a functioning brain need to see that he is not now and won't ever be someone who should have been allowed to be elected in the first place. Never mind that he may well be at least as crooked as Tricky Dick or not (we may never really know, but boy oh boy does it look likely), or that he's flat-out incompetent politically (vis-a-vis Israel/Jerusalem), what we've seen since January 2017 is so far as I and so many others are concerned more than enough evidence that Donald J. Trump as POTUS was one of the worst electoral mistakes in the history of the United States, one that this country will spend decades living down with the rest of the world.
The USPS has publish information multiple times debunking this statement.
The primary reason that the USPS makes a profit on Amazon even though the indivitual package price is very low is that Amazon fills the shipment.
An analogy would be a standby ticket. They need to charge passengers $200 for the flight but there are often empty seats so charging someone $50 for those IS profitable because those were unsold tickets and the new passenger costs only a little bit extra.
The USPS has obligations for certain delivery times mandated by congress, so they have a ton of empty space on the airplane or freight truck. Unlike the airlines that schedule fewer flights when a route is slow, the USPS still has to drive it every single day.
USPS items get loaded first, then other shippers like Amazon. If the truck fills, Amazon waits for the next truck but that's such a rare occurrence that it isn't a concern for Amazon.
They are being forced to pre-fund pension plans FAR in advance of their obligation. That is singularly different than ANY other company or entity. It is literally starving them of resources. They can't adequately keep their facilities updated, clean, or expand services. The Post Office is one of the few things specifically mentioned in the Constitution as a service the Government is expected to provide.
If it were not for companies like Amazon and others, the Post Office would have gone bankrupt.
Most tax 'irregularities' are dealt with by fixing the paperwork and paying the back taxes. The IRS only really cares about getting the money that's owed.
love is just extroverted narcissism