A longtime e-commerce partner for the US Postal Service has thrown a post office this week.
CEO of Stamps.com Ken McBride instead of embodying FedEx, UPS, regional shipping services, Uber Shipping, and others. But Amazon takes a pie when it comes to shipping innovations in e-commerce, McBride told investors about a call on Thursday evening.
"Amazon has an amazing network that they have built around the world, despite having only 27 planes to 40," McBride said. "And they built it in the last few years, and they built it with e-commerce in mind, and many other carriers have networks that are much older."
Read more: It's becoming clearer than ever that Amazon is developing a third-party logistics service to exclude FedEx and UPS when Stamps.com unloaded USPS
which filed as a shipping company at the beginning of this month, has flared up with USPS. Last year, President Donald Trump refused to use USPP Amazon for parcel delivery within a few months. He said that Amazon is cleaning up, delivering low-cost goods at the post office.
"Amazon has the money to pay a fair rate at the post office, which would be much more than now," Trump told journalists last year. Trump often made the public his dislike for Amazon.
In fact, the USPS lost $ 3.9 billion in the 201
Read more: USPS bleeds billions of dollars a year and can sell rights to your mailbox in order to make a profit
This is unlikely via Amazon. A major contribution to the post office trouble is the 2006 law passed by President George W. Bush, which includes pre-financing of retirement benefits. This law required the USPS to determine how much it would spend on retirement over the next 75 years and quickly set up a fund to cover all of these pensions.
However, Stamps.com stops its exclusive partnership with USPS to be a big loss. As an e-commerce partner for the post office, Stamps.com generated $ 586.9 million in revenue in 2018, up 25% from 2017.
Now Stamps.com is working with Amazon in Australia and the United Kingdom. McBride said he wants to expand this relationship to the United States in 2019.
Whatever the cause of the USPS financial problems, the transition from Stamps.com to the end of its partnership with USPS is a clear warning against the Amazonian Trump – and the Trump War against its founder Jeff Bezos (whom he sometimes calls " Jeff Bozo ").