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Trump orders USPS audit after attacking Amazon’s shipping deal

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Although the executive order doesn’t mention Amazon explicitly, the surprise move is clearly connected to Trump’s recent Twitter fusillades and his conviction that the USPS loses $1.50 per package in a “Post Office scam” costing “Billions of Dollars.”

Trump maintains that the service does not make money on the packages it delivers for Amazon, even though the postal service’s annual report notes that “mail volume declines for the year were somewhat offset by growth in package volume.”

Amazon is the frequent target of Trump’s ire: In the past, he has accused Amazon of harming retailers and having “a huge anti-trust problem.”

Trump has also linked the e-commerce giant with another property owned by Amazon CEO Jeff Bezos — the Washington Post, which Trump calls “Amazon’s ‘chief lobbyist,” and “the Fake News Washington Post.”

The tweets have dinged Amazon’s stock price and raised new questions about administrative overreach into the private sector.

Professor Rick Geddes, a postal service expert and Director of the Cornell Program in Infrastructure Policy at Cornell University, said the “Amazon flap” is exacerbated because the agreements the USPS makes with large mailers are “secret” and not open to review outside the Postal Regulatory Commission.

“Then we could tell if the postal service is losing money,” delivering packages for Amazon, he told NBC News, noting that any profits on parcel delivery may not take into account all the institutional costs the postal service incurs.

A 2017 Citigroup study estimated that the U.S. Postal Service loses money on parcels delivered for online shippers and charges below-market rates.

Amazon didn’t immediately respond to a request for comment.



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Starmer wins huge victory as Labour leadership rules changed to avoid Corbynite takeover

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SIR KEIR STARMER has won a fight with the Labour-Left to change the party’s leadership rules to make it harder to for another Corbynite to be elected.

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Brexit Remoaning crushed as Shapps says UK exit has HELPED sort HGV driver shortage

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BREXIT doom-mongering from Remonaers has been blown apart after Grant Shapps claimed the UK’s departure from the European Union has helped the country push faster to sort the HGV driver shortage crisis.

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'It's our destiny!' Adonis outlines 'step by step plan' to reverse Brexit and rejoin EU

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LORD ADONIS outlined his “step by step” plan for take Britain back into the EU as he addressed Labour members in Brighton.

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