Transportation
Amazon Reaches US Postal Service Deal for 1 Billion Packages
A cart of mail and packages outside a United States Postal Service distribution center.
Photographer: Luke Sharrett/BloombergAmazon.com Inc. has reached a new agreement with the US Postal Service, providing a lifeline to the beleaguered government agency and securing delivery for customers in rural America.
Under the deal, Amazon will retain about 80% of its existing deliveries with USPS, or more than 1 billion packages per year, according to a person familiar with the matter.