The United States Postal Service (USPS) wants to raise the fees it charges Amazon.com and other internet commerce shippers by 9 to 12 percent. This comes just months after President Donald Trump criticized the USPS, saying it gives Amazon too good of a deal.
“The parcel select service, which is also used by United Parcel Service (UPS) and FedEx, is the last and typically the most expensive step in the shipping process that gets the packages to customers' doorsteps,”, writes Waverly Colville at NBC News, and “The USPS proposed a 9.3 percent increase on this service for packages weighing over one pound and a 12.3 percent increase to lighter packages.”
Trump issued an executive order in April to set up a task force to examine the USPS, claiming that it was on an "unsustainable financial path." He's also tweeted that the USPS is Amazon's "delivery boy" and doesn't make money from Amazon's business.
A USPS spokesperson said these proposed changes are not a response to Trump's criticism.
"The price increases reflect the best judgment of the Postal Service Governors, who are seeking to establish new rates that will keep the Postal Service competitive, while also providing the Postal Service with much needed revenue," the spokesperson said.
The USPS also proposed a 3.9 percent increase on priority mail express, a 5.9 percent increase on priority mail and a 10 percent increase on first-class stamps.
These changes, if approved by regulators, will go into effect on Jan. 27, 2019.
With trustbusting in the air and Big Tech in the crosshairs, Bloomberg's Dina Bass reflects on the antitrust case against Microsoft in the 1990s, which the company bungled badly (but still survived, thanks to a judiciary in thrall to a bizarre theory of antitrust that has no problem with monopolies).
KPMG is one of the "Big Four" accounting firms: that means that whenever a plan for a business or a public project has a box that says, "Make sure no one is cheating," it means that you hire KPMG or one of its rivals to come in and check the books and make sure that […]
A year ago, Trump FCC Chairman (and former Verizon exec) Ajit Pai killed Net Neutrality, leveraging illegal, fraudulent industry dirty tricks to ram his rule through the process; all along, he claimed that Net Neutrality was a drag on investment, competition and service improvements, and that Americans would see immediate benefits once he was done […]
So you’ve visited the Kennedy Space Center every year. You’ve watched “The Right Stuff” for the 95th time. There must be something to do while you’re waiting to join Space Force for the next manned mission to Mars or the moon. Here’s a combo that should raise a salute from any fan of space or […]
Looking for a new tablet? If you haven’t upgraded in a while, it might be time to check out the latest iPad Pro for two very good reasons. First, the 2018 model is a real workhorse. The 12X Bionic chip processor means it can handle any task you set out for it, and still have […]
You want wireless earbuds to make an impact on your mood and workout, not the environment. If that’s the case, we’ve got a new contender for AirPod market share: Brio Phantom X7 True Wireless Earbuds. The features on these tiny, comfortable buds are impressive even without the environmental angle. Their Bluetooth 5.0 connectivity is good […]