• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics Business

Trump Steps into Amazon and UPS Feud

American President Donald Trump has recently posted several tweets that outline his concerns about the Amazon business model. The concerns have led to more news concerning Amazon and the parcel delivery company UPS, who, it has been revealed, have been feuding about Amazons use of the United States Postal Service (USPS) for the past few […]

Ollie McAninch by Ollie McAninch
2018-04-13 16:53
in Business
FacebookTwitterLinkedinEmailWhatsapp

American President Donald Trump has recently posted several tweets that outline his concerns about the Amazon business model. The concerns have led to more news concerning Amazon and the parcel delivery company UPS, who, it has been revealed, have been feuding about Amazons use of the United States Postal Service (USPS) for the past few years.

Trump’s first tweet read “I have stated my concerns with Amazon long before the Election,” and this tweet was shortly followed by, “Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!”

The reasons that prompted the tweet are unclear, however, it is no secret that Trump has issues with Amazon and Washington Post owner Jeff Bezos. In addition to the comments regarding Amazon the president has accused the newspaper of acting as a lobbyist and has stated that the stance it takes on some tax laws that are beneficial to the Amazon and USPS deal. Amazon relies heavily on parcel delivery services and would stand to lose a considerable amount should the taxes change.

Trump’s next tweet included the following “If the P.O. ‘increases its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.’ This Post Office scam must stop. Amazon must pay real costs (and taxes) now!” It has been reported since, however, that federal regulators “have found the contract with Amazon to be profitable.”

For their part in the so-called feud UPS filed a complaint with the Postal Regulatory Commission (PRC) in 2017. In the complaint they argued that under current laws the USPS had an unfair competitive advantage which meant that they were unable to compete for large proportions of business that USPS had an effective monopoly over.

Looking forward, it seems unlikely that the tensions between the USPS, UPS and indeed other logistics providers will begin to wane. Amazon’s ambitions to move into the logistics sector have been very well publicised and new subsidiary companies, such as Seller Flex, will look to build on Fulfilment, a service that stores and ships goods for third party sellers via the Amazon logistics network and that was launched by the ecommerce behemoth in 2006.

Amazons activity in the logistics sector are not yet set to go head to head with any of the big players, UPS included, but the intent is plain for all to see. Indeed, the plans may well serve to fuel tensions long into the future, not only within the logistics sector, but also among the ecommerce community and high street retailers – who have suffered greatly at the hands of the Amazon empire.

RelatedPosts

Turkey doesn’t vote for Xmas: Oil and gas industries reject call for windfall tax

Royal Mail announces huge profits…then signals price hikes as it cuts costs to cope with inflation

McDonald’s to leave Russia as Greenpeace blocks tanker carrying Putin’s diesel to UK

What cost of living crisis? Huge pay packet of Tesco boss revealed

Tags: Jeff BezosUS headline

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Man who filmed Grenfell model burning on bonfire ‘said it was stupid moment’

Tributes as comedian Jeremy Hardy dies of cancer aged 57

Senior Tory says MPs must be paid MORE to halt lobbying misconduct

If you watch one ad this Christmas, make it this one

Third of 11 to 16-year-olds isolate themselves because of low body confidence, says study

Has Britain’s flag fetish gone too far?

Take it one day at a time to tackle lonely Covid Christmas, charities say

Beer of the Week – Bedlam Brewery Benchmark

YouTube takes down Conservative adverts featuring edited BBC footage

London Offers Sophisticated Living for Students from Around the World

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.