Angry Bear » Amazon, FedEx and the Post Office
Both Amazon and Fed ex have embarked on plans to deliver their own “last mile” package delivery previously contracted with the US Post Office. Here is a link to Bill H. piece on this process Fake News, Flawed Analysis, and Bogus Tweets from 2018 for a much more complete description. I have pulled a quote from the more recent Business Insider post on “last mile” delivery.
According to the US Postal Service Inspector General, the new requirement to pre-fund retiree benefits accounted for $55 billion of the agency’s $62 billion loss incurred between 2007 and 2016.
Because of that, the Postal Service can’t make the massive investments into its logistics networks that its competitors have been able to.