Amazon making US postal providers ‘endure’, says Trump

Donald Trump as soon as once more took a shot at Amazon in an interview the place he stated that the US is shedding “huge am…Read More

It’s no secret that US president Donald Trump is just not a fan of Amazon or its CEO Jeff Bezos, who occurs to be the world’s richest man. Trump has been fairly vocal in his criticism of Amazon and Bezos and one of many points he has is how Amazon has harm the US postal providers. Trump as soon as once more took a shot at Amazon in an interview the place he stated that the US is shedding “huge quantities of cash” due to Amazon.
According to a report by CNBC, the US president in an interview with Fox and Friends stated, “Amazon and different corporations prefer it, they arrive and so they drop all of their mail right into a submit workplace. They drop packages into the submit workplace by the 1000’s after which they are saying, ‘Here, you ship them.’ We lose $three and $four a bundle on common. We lose huge quantities of cash.”
Trump then took a ‘dig’ at Bezos as effectively with out taking his title straight. He stated that that the submit workplace might do away with its monetary points in the event that they raised supply charges which have been affected as a consequence of on-line retailers like Amazon. “This man is meant to be so rich, so let him pay for it,” he stated in an apparent reference to Bezos. Amazon does depend on the US postal providers however has different supply companions like Fedex and UPS as effectively.
Earlier this month the US postal providers revealed that it had suffered losses amounting to $2.2 billion within the final three months. The one huge cause was the continued coronavirus pandemic that has gripped many elements of the world, together with the US. “Our monetary place is dire, stemming from substantial declines in mail quantity, a damaged enterprise mannequin and a administration technique that has not adequately addressed these points,” Louis DeJoy, postmaster common, US, reportedly stated.

Source link