Amazon to cut USPS package volumes by two-thirds

Amazon plans to dramatically pare back the parcel volume it sends through the U.S. Postal Service before the two companies’ current contract lapses this fall, The Wall Street Journal reports. Amazon has long supplied more parcel volume to USPS than any other shipper, and it has already begun pulling back.

The move to cut volume by at least two thirds threatens billions in revenue for an agency that lost $9 billion last year and is on pace to run out of cash within 12 months.

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