The Proposed US Postal Service Price Hike Could Cost Amazon Over $1 Billion
Entertainment (now)
Entertainment (now)
  • 5 years ago
According to a report by Business Insider, the US Postal Service's proposed price hikes could deliver a major blow to Amazon. Credit Suisse reportedly estimates the price hikes could cost Amazon somewhere in the range of 400 million-dollars to 1.1 billion dollars. Business Insider reports that in April, Trump ordered the formation of a task force to investigate the USPS for what he called its 'unsustainable financial path.
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