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The Associated Press reports that “the US Postal Service reported another quarterly loss on Friday after an unrelenting drop in mail volume and costs of its health care and pension obligations outweighed strong gains in package deliveries … The Postal Service’s report shows a net loss of $1.3 billion between January and March, larger than a $562 million loss in the same period last year, due in part to rising fuel costs and added wage expenses as it grows its package business.”

However, the USPS said that it saw “a 10 percent increase in package delivery, boosted by its business with Amazon and other Internet retailers, but suffered a loss in first-class letters and marketing mail, which together make up more than two-thirds of postal revenue.”

The report contradicts claims made by the Trump administration, which has argued that Amazon actually is scamming the Post Office - and the public - by not paying enough for shipping of its packages.

The Post Office, according to the story, “called for greater freedom to raise stamp prices to help cover costs. It warned of a serious financial situation that prevented it from making much-needed investments in letter and package delivery, saying it could not wait for a task force created by Trump to study the reasons behind its losses at a time of increased competition in the e-commerce age.”
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