Amazon & USPS Renew Delivery Deal, Avoiding Crisis

0:00It's April 6th. You're listening to U.S. News today, AI-powered national coverage. Amazon just locked in a fresh deal with the U.S. Postal Service for handling package deliveries. They'll stick with U.S. PS for about 80% of their current volume, meaning over 1 billion packages a year keep flowing through the postal network. Amazon's the top-doll customer for U.S. PS, pumping in around $6 billion yearly to help cover that massive $80 billion budget. This agreement dodges a real crisis, since Amazon was gearing up its own nationwide delivery fleet that could have gutted U.S. PS operations. Tensions boiled over last month when Amazon slammed U.S. PS auction ideas for their delivery routes and threatened to slash business by two thirds. Both sides seem set to keep the partnership rolling strong, delivering for customers nationwide without missing a beam.