The Postal Service ( US ) has reported a loss of $ 2.3bn in its fiscal third quarter after a decline in the volume of mail shipments . According to USPS CFO Joe Corbett, this is the carrier's first quarterly volume decline for packages in nine years. USPS cites " certain major companies " forming their own delivery networks , generating " intense competition " . Amazon has been expanding its delivery service and has been increasingly expanding its in - house services as a result .
The Postal Service ( US ) has reported a loss of $ 2.3bn in its fiscal third quarter after a decline in the volume of mail shipments . USPS cites " certain major companies " forming their own delivery networks , generating " intense competition " . Amazon has been expanding its delivery service and has been increasingly expanding its in - house services as a result .