Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 18 submissions in the queue.

President Trump Targets Amazon, Calls for U.S. Post Office to Raise Shipment Prices

posted by mrpg on Saturday December 30 2017, @07:45AM   Printer-friendly
from the nobody-thinks-of-the-dogs dept.

takyon writes:

Trump targets Amazon in call for postal service to hike prices

U.S. President Donald Trump targeted Amazon on Friday in a call for the country's postal service to raise prices of shipments in order to recoup costs, picking another fight with the online retail giant he has criticized in the past. "Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer? Should be charging MUCH MORE!" Trump wrote on Twitter.

The U.S. Postal Service, which runs at a big loss, is an independent agency within the federal government and does not receive tax dollars for operating expenses, according to its website. The organization makes up a significant portion of the $1.4 trillion U.S. delivery industry. Other players include United Parcel Service Inc and Fedex Corp.

[...] Amazon has shown interest in the past in shifting into its own delivery service. In 2015, the company spent $11.5 billion on shipping, 46 percent of its total operating expenses that year. In October, Bloomberg reported that Amazon was testing its own delivery service to move products more quickly out of its overcrowded warehouses and make more of them available for free two-day delivery. However, Amazon said at the time that it was using the same carrier partners to offer the program as it has used for years, including the U.S. Postal Service, UPS and FedEx.

Original Submission

 
This discussion has been archived. No new comments can be posted.
President Trump Targets Amazon, Calls for U.S. Post Office to Raise Shipment Prices | Log In/Create an Account | Top | 49 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 2) by fido_dogstoyevsky on Saturday December 30 2017, @09:48PM (3 children)

    by fido_dogstoyevsky (131) <axehandleNO@SPAMgmail.com> on Saturday December 30 2017, @09:48PM (#615979)

    Only several out of how many businesses? Perhaps you should review the facts of successful entrepreneurs.

    ONE out of any number at all should be enough to discredit (in two meanings of the word) any "entrepeneur".

    Using the law to weasel out of a debt may be acceptable in some quarters but it's still just common theft.

    --
    It's NOT a conspiracy... it's a plot.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
    Total Score:   2  

  • (Score: 0) by Anonymous Coward on Sunday December 31 2017, @12:43AM (2 children)

    by Anonymous Coward on Sunday December 31 2017, @12:43AM (#616028)

    How naive. Do some basic research and see how often a 'successful' entrepreneur fails before launching their *first* successful business.

    • (Score: 3, Insightful) by fido_dogstoyevsky on Sunday December 31 2017, @05:36AM (1 child)

      by fido_dogstoyevsky (131) <axehandleNO@SPAMgmail.com> on Sunday December 31 2017, @05:36AM (#616084)

      How naive. Do some basic research and see how often a 'successful' entrepreneur fails before launching their *first* successful business.

      Nothing at wrong with failing, An awful lot wrong with not repaying debts.

      --
      It's NOT a conspiracy... it's a plot.

      • (Score: 1, Insightful) by Anonymous Coward on Sunday December 31 2017, @12:22PM

        by Anonymous Coward on Sunday December 31 2017, @12:22PM (#616124)

        That's why banks charge extra interest. Debt has nothing to do with morality, unless you borrowed from family or friends. Lying is a different issue.