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0.000155062800434182 5.16876001448252E-05 0.000155062800434182 0.000775314002170909 0.000361813201013189 0.00173153460484834 0.00201581640564436 0.0018090660050655
Stock impact report

USPS is struggling to stay afloat — and Amazon's major delivery changes won't help [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
USPS's biggest customer has scaled back the number of packages it sends through the service and intends to slash that number by at least two-thirds this fall, Amazon sources told The Wall Street Journal. Nearly 15 percent of packages delivered by USPS in 2025 came from Amazon, providing some stability for the agency, which has long operated at a loss and is running out of cash, U.S. Postmaster General David Steiner told Congress Tuesday. In January, USPS began accepting proposals to use its last-mile delivery network through an auction process that was meant to raise funds. Amazon has relied heavily on USPS's last-mile service to reach customers in remote and rural areas. The last mile of delivery is the most expensive part of the shipping process, accounting for up to 53 percent of a shipment's total cost, according to the Association for Supply Chain Management. Amazon plans to cut the number of packages it ships with the U.S. Postal Service. USPS is struggling financially Show less Read more
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