Share ... DeJoy was on his way to a meeting that related to a USPS contract with Amazon, he told lawmakers. USPS reports decline in package shipments as Amazon brings more deliveries in-house. Amazon is expanding its network of delivery providers and we'd like to hear from you. How Amazon really impacts the US postal service The USPS business is split into two parts—monopoly mail and competitive products. Still, federal regulators have reviewed the Amazon contract with the Postal Service each year and found it profitable. DeJoy is the finance chair of the Republican National Convention.The postal service has struggled for years because of a combination of reduced first class mail as social media has replaced greeting cards and a requirement that it pre-fund employee pension and retirement health care costs for the next 75 years.The U.S. Retired Harvard law professor Alan Dershowitz on Tuesday claimed a federal District Court judge is violating judicial et . This is what DeJoy described as a “covered call.”Later in the congressional hearing, Rep. Katie Porter returned to the topic. The problem is the subsidized ePacket Delivery program from China. Just an FYI - At our stand-up this morning, it was announced that USPS has lost the Amazon contract (or, more rightly, it …

62° The U.S. Now, as the Postal Service attempts to reconcile with its future, it has reportedly sought to work with outside consulting firms to reassess its last-mile delivery contracts for the company, as well as parcel services like FedEx and UPS. In a time when package deliveries are more essential than ever, the future of the United States Postal Service is very much in limbo. Previously, USPS spokespeople said DeJoy had complied with all federal ethics regulations, but they have not specified that DeJoy sold all of his investments in Amazon.“He has known about the public’s concerns regarding the Amazon entries in his disclosures for over a month now, and he never chose to provide the public with an explanation until now,” said Walter Shaub, the former director of the Office of Government Ethics, who resigned in 2017.This could have created a problem, given President Donald Trump’s disdain for Amazon, and his DeJoy continues to own equity in XPO Logistics, a large transportation and logistics company that does business with USPS and has contracts with other US government agencies.According to federal records, when he became postmaster general, DeJoy still owned a large equity stake in XPO Logistics of at least $30 million. “We’ve seen since the initial contract with USPS in 2013 [for Sunday deliveries], it’s pretty clear Amazon has a vested interest in increasing the revenue of the post office,” Gross said. Monopoly mail is what we all think of as regular post. Santa Barbara The expansion of these smaller facilities, which use contract drivers instead of the U.S. Santa Maria He says it charges too little to deliver packages sent by retailers such as Amazon, whose founder and Chief Executive Jeff Bezos also owns the Washington Post, which has been critical of the president.A spokesman for the U.S. Postal Service is costing the agency “billions of dollars.” However, a deep drop in personal and marketing mail has cut revenue by a huge amount, and the increase in package shipments has been unable to account for that loss. Tuesday, 01 Sep 2020 19:28 PM 61° The California Democrat asked DeJoy if he, as of that moment, owned “any financial interest, whether options or stock, covered calls, bought or sold,” adding, “Do you own any financial interest in Amazon?”This is the first time DeJoy has said publicly that he had divested his financial interest in Amazon. And USPS has been unwilling to fill in the gaps.Most government employees don’t have nearly the assets of DeJoy, the rare postmaster general to get the job without ever having worked for the USPS. That’s partially because of the complexity of his holdings, but also because federal disclosure forms aren’t designed to handle the level of wealth of someone such as DeJoy.
Some have alleged he's acting out of a vendetta against Jeff Bezos, who owns both Amazon and the sometimes-critical Washington Post.Meanwhile, the pandemic has meant increased dependence on online sales, packages that are often delivered by the U.S. .


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