Saturday, May 19, 2018

Trump personally pushed postmaster general to double rates on Amazon, other firms

The Washington Post reports:
President Trump has personally pushed U.S. Postmaster General Megan Brennan to double the rate the Postal Service charges Amazon.com and other firms to ship packages, according to three people familiar with their conversations, a dramatic move that probably would cost these companies billions of dollars.

Brennan so far has resisted Trump's demand, explaining in multiple conversations this year and last that these arrangements are bound by contracts and must be reviewed by a regulatory commission, the three people said. She has told the president that the Amazon relationship is beneficial for the Postal Service and gave him slides that showed the variety of companies, in addition to Amazon, that also partner for deliveries.


Despite these presentations, Trump has continued to level criticism at Amazon. And last month, his critiques culminated in the signing of an executive order mandating a government review of the financially strapped Postal Service that could lead to major changes in the way it charges Amazon and others for package delivery.

Few U.S. companies have drawn Trump's ire as much as Amazon, which has rapidly grown to be the second-largest U.S. company in market capitalization. For more than three years, Trump has fumed publicly and privately about the giant commerce and services company and its founder Jeff Bezos, who is also the owner of the Washington Post.
Imagine that.