Amazon said USPS backed out at the 'eleventh hour' in contract negotiations to increase package volume

Tech Insider : Business
OCTOBER 11: A US Postal worker delivers Amazon boxes outside of the New York Stock Exchange (NYSE) on October 11, 2018 in New York City. Following a massive sell-off of over 800 points yesterday, the Dow Jones Industrial Average fell over 100 points in morning trading. (Photo by Spencer Platt/Getty Images)
Amazon said that USPS backed out at the "eleventh hour" in contract negotiations in December.

Spencer Platt/Getty Images

The USPS is nearing a financial breaking point, postmaster general warns: 'We were thrown an anchor'

Tech Insider : Economy, Business
A mailman reaches into the back of a small, white USPS truck.
USPS is running out of cash, the Postmaster General warned during congressional testimony.

Jakub Porzycki/NurPhoto via Getty Images

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