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Amazon will maintain 80% of its existing package deliveries through USPS.
Amazon and USPS have agreed to maintain 80% of Amazon's package deliveries through USPS.
KEY POINTS
- USPS relies on $6 billion in annual revenue from Amazon, a significant portion of its budget.
- Amazon had concerns about USPS potentially auctioning its last-mile delivery network.
- Amazon will invest over $4 billion to expand its rural delivery network by 2026.
- USPS is seeking an 8% price hike for package deliveries to address financial losses.
COMPANIES
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