Amazon's new USPS deal will see postal deliveries cut by 20 percent

Earlier this year, Amazon threatened to cut US Postal Service deliveries by as much as two thirds. Now, the parties have reached tentative a deal that will see USPS deliveries reduced by 20 percent, The Wall Street Journal reported. While not as drastic as first menaced, the reduced volume will deal a financial blow to the USPS. "We’re pleased to have reached a new agreement with USPS that furthers our longstanding partnership and will let us continue supporting our customers and communities together," an Amazon spokesperson told the WSJ.  Amazon is the USPS's largest customer, accounting for 15 percent of its volume and $6 billion in revenue. A two-thirds cut would have been a disaster for the USPS, but a 20 percent reduction could still result in more than $1 billion in lost revenue. Amazon would have needed to scramble as well, as it relies heavily on the post office for rural and last-mile deliveries.  Amazon's contract with the USPS was set to expire in September 2026, a