Some news regarding amazon

[Arun Siva]

For all the sourcers out there, something to keep an eye on...

Trump panel wants to give USPS right to hike prices for Amazon, others | Reuters

 

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[MTEE1985]

For all the sourcers out there, something to keep an eye on...

Trump panel wants to give USPS right to hike prices for Amazon, others | Reuters

Definitely interesting. I’d wager a guess that that’s exactly why Amazon is moving (albeit slowly) toward 100% self reliance. On top of buying and converting planes I feel like I see no less than a half dozen Prime vans a day now.

FedEx, UPS Fall After Morgan Stanley Note on Amazon Air

Personally I hope they can expose what are surely massive inefficiencies in the USPS.

 

[Xeon]

Amazon is too powerful for its own good. Wow, didn't know Bezos owned Washington Post. The power of the media.

 

[Castillo]

Amazon is too powerful for its own good. Wow, didn't know Bezos owned Washington Post. The power of the media.

All the companies in Jeff Bezos’s empire, in one (large) chart

He's got his hands in a lot of places

 

[MJ DeMarco]

Wow, didn't know Bezos owned Washington Post.

Wuh? You didn't know the Washington Compost was Bezos' propaganda and lobbying division?

As for the USPS, they need to disappear. I think the last time they made a profit Howard Taft was president.

 

[Arun Siva]

As for the USPS, they need to disappear. I think the last time they made a profit Howard Taft was president.

Yes. They run at a loss continuously with one of the worst business models known in present day. Unfortunately our constitution requires some sort of governmental postal service (however I wish this could be rectified)
In norway for example, the postal structure has many more options. Mail (and even banking) transactions can be done after hours at seven elevens and retail outlets (since everything closes around 4pm usually). In america the post office is continuous joke with long lines, and minimal staffing (of which those staffers are not the greatest at their jobs) Rural carriers have a tough job (trying to deliver to 500-1000 boxes per route) and are often contracted out (not fully employed either only on a part time basis) and they use old archaic technology and equipment (especially vehicles postal vehicles are 15-20 years old and often times are hazardous as they do not have air or heat and are flimsy and pathetic).
Even with partnering with amazon prime for sunday deliveries, the USPS still suffers and is still in the red continously.

 

[Xeon]

All the companies in Jeff Bezos’s empire, in one (large) chart
He's got his hands in a lot of places

I've a feeling that Bezos will run for US president in the near future. This guy seems to be different from Gates and Jobs in that he's almost a power-hungry maniac. His arms have been creeping and reaching into all nooks and crannies everywhere it's eerie.

And if he does become US president (honestly he can fund entire campaigns many times over with his net worth), it'll be a sad day for the world.

 

[Castillo]

I've a feeling that Bezos will run for US president in the near future. This guy seems to be different from Gates and Jobs in that he's almost a power-hungry maniac. His arms have been creeping and reaching into all nooks and crannies everywhere it's eerie.

And if he does become US president (honestly he can fund entire campaigns many times over with his net worth), it'll be a sad day for the world.

100%. I do not trust the guy one bit.

 

[amp0193]

For all the sourcers out there, something to keep an eye on...

Trump panel wants to give USPS right to hike prices for Amazon, others | Reuters

My takeaway from that article is that there is a "Package Coalition". In my head it was always Amazon vs. all. I never considered that Amazon + others have their own coalition for bargaining power.

 

[Arun Siva]

power-hungry maniac.

This is exactly what he is. Like MJ said, he already owns a putrid news outlet (media control) he owns by far the most powerful company in the world (disruptor) and furthermore, he has been known to shun labor and is in favor of population and resource control. I think you are right and who knows he may run in the future.

 

[Money_master]

I can tell you one thing, USPS is beyond a joke. They recently lost a package I handed to them for over 30 days to show up at the same P.O. I had to mail a client a second package which they also lost and it only showed up in the system when it was delivered three weeks later. And both times I asked for a scan and they said they can't do that for me. My client was beyond pissed. And when they quote me prices it's beyond unreasonable, one time they'll quote $20 and the second will be $60. It's so bad I can't offer free shipping under any circumstance any longer.

 

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[Walter Hay]

The USPS is, like almost every country in the world, a party to the Universal Postal Union (UPU) agreement which dates back to 1874.

That agreement allows discounts for developing countries on the postage they pay to receiving countries to complete the international delivery of mail.

China is still classed by UPU as a developing country. This effectively allows Chinese sellers to ship to the USA at Chinese government subsidized postal rates, and the UPS then gives them about a 40% discount on US postal rates. This contributes nearly half a billion annually towards the massive losses incurred by USPS.

Thanks to all US taxpayers for helping Chinese sellers to compete with US sellers. It's certainly not a level playing field.

Walter

 

[Mattie]

Wuh? You didn't know the Washington Compost was Bezos' propaganda and lobbying division?

As for the USPS, they need to disappear. I think the last time they made a profit Howard Taft was president.

The poetic nostalgia of snail mail through the centuries. Waiting months, perhaps even years, for that one message from some loved one. Children collecting stamps from all over the world. Them good old slow days are long gone.

 

[amp0193]

The USPS is, like almost every country in the world, a party to the Universal Postal Union (UPU) agreement which dates back to 1874.

Thanks for the history lesson.

I didn't know anything about the origins... just the amazement at how cheap an "e-packet" is.