Mark Solomon
Monday, March 11, 2019
FedEx doesn’t consider Amazon a competitor? SEC filings beg to differ
Amazon one of the companies covered under departing FedEx executives’ non-compete clauses.
Amazon one of the companies covered under departing FedEx executives’ non-compete clauses.
The U.S. Postal Service has been turning in losses every year, and a White House task force has asked the USPS to look at franchising the mailbox to prop up the declining margins.
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
It will literally take an act of Congress to right the sinking USPS ship. Even heavy attrition and solid growth in packages and shipping can’t stop the losses.