Quote:
Originally Posted by Clocker
Last mile is a figure of speech. Amazon has 35 distribution centers. They deliver the package to the USPS from the Amazon location closest to the customer.
Citigroup, without knowledge of what rates Amazon pays, says the USPS is losing money on that business.
The USPS says that they make money on Amazon and on other e-commerce shippers, and would be financially worse off without them. Who you gonna believe?
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I don't like either of your choices...this is how I think it will play out.....
At the present, Donald Trump occupies the biggest 'bully pulpit' in the world and he knows how to use it. Jeff Bezos is the CEO of one of the largest companies in USA that has never turned a profit. He chose the PO to help prop up his empire with another entity that has not turned a profit in decades and heavily subsidize by tax payers. I think DT has chosen his targets well....lets see how Mr. Bozos likes fighting the federal government. In the end tax payers will win and DT will kill two birds with one stone.
As a sidebar I put Soros and Bezos in the same kayak.
I know....it is very ambitious.