INTERNACIONAL LUNES NEGRO

Wall Street se desplomó tras las críticas de Donald Trump contra AmazonEl índice Dow cayó más de 750 puntos y marcó los valores más bajos del año. Las empresas de tecnología se sacudieron después de que el presidente de EEUU acusara al retailer online de "estafar" al correo público.

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Wall Street se desplomó este lunes. Foto:AFP

En el primer día de negociación de abril, que marca el inicio del segundo trimestre, las acciones de la bolsa de Wall Street se desplomaron gracias a una combinación de factores. La crisis en Facebook, las amenazas de una guerra comercial entre Estados Unidos y China y las amenazas de Donald Trump, que denunció que Amazon "estafa" al correo público USPS, fueron las claves de una caída que marcaron un verdadero "lunes negro" bursátil.El Promedio industrial Dow Jones perdió más de un tres por ciento y cerró en 23,644 puntos, el valor más bajo del año, con Intel (el mayor fabricante de circuitos integrados del mundo) como protagonista de la caída, informó la cadena CNBC.

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Nasdaq, enfocado en valores tecnológicos, bajó 3,56% a 6.811,88, en un mercado golpeado por la caída de las empresas vinculadas al software e internet, como Amazon, que se redujo en un 5,4%.El S&P 500 también cayó un 3,1 por ciento.

La caída de la cotización de Amazon tuvo lugar después de que Trump tuiteara este sábado que la empresa de venta online conducida por Jeff Bezos estaba estafando al Servicio Postal de los Estados Unidos. El líder republicano denunció que el servicio pierde "miles de millones de dólares" entregando paquetes para el gigante del comercio electrónico. Amazon ha sido una de las acciones con mejor rendimiento en el último año, aumentando casi un 64 por ciento en ese período de tiempo, y su CEO encabeza los rankings de los más ricos del mundo.

Facebook, Netflix y Alphabet también se negociaron a la baja, cayendo un 2,8 por ciento, un 5,6 por ciento y un 3,4 por ciento, respectivamente. El mes pasado, las preocupaciones sobre cómo la red social de Mark Zuckerberg maneja los datos privados de sus usuarios generaron un escándalo público inédito y derribaron su acción cayó un 10,4 por ciento en marzo.

Lado, los operadores también reconocieron su preocupación ante una inminente guerra comercial. China anunció la noche del lunes que había implementado aranceles sobre 128 tipos de importaciones estadounidenses. La mercancía golpeó con los cargos la lista de productos propuesta por Pekín en marzo y surge como una respuesta directa a la firma de los aranceles sobre acero yaluminio importados por Trump el mes pasado.

Trump agregó más tensión a la renegociación del tratado de libre comercio entre Estados Unidos, Canadá y México. Trump acusó a México de hacer muy poco para frenar la inmigración a Estados Unidos.

Esas preocupaciones comerciales golpearon a valores que pesan mucho en el Dow: Caterpillar perdía 3,5%. ExxonMobil 3,2% y el banco JPMorgan Chase 3,1%.

Temas: Dow Jones NASDAQ Amazon Donald Trump

Jeff Bezos vs. Donald Trump

EMPRESAS EEUU

Las claves del odio cerval de Donald Trump a Jeff Bezos y Amazon

Una relación que empezó con admiración se torció cuando Amazon se convirtió en el objetivo a derrotar por la relación de Jeff Bezos con el 'Washington Post'.

2 abril, 2018 03:11

EN DONALD TRUMP AMAZON JEFF BEZOS

Miguel Ángel Uriondo @uriondo

Dicen que lo contrario del amor no es el odio, sino la indiferencia. Y es obvio que Donald Trump tiene un odio cerval por el coloso del comercio electrónico Amazon y por su fundador, Jeff Bezos, atenor de lo que publica cada poco tiempo en su flamígera cuenta de Twitter. ¿Pero cuáles son las razones que explican una relación tan amarga?

Desde la admiración previa

Trump no empezó con la indiferencia. Comenzó admirando a Bezos. La relación del neoyorquino con numerosos individuos e instituciones se ha ido envenenando a medida que ha ido ocupando su lugar en política. Hace unos años, Trump no tenía ningún problema a la hora de citar a Bezos en su cuenta de Twitter.

“Si nunca quieres ser criticado, por el amor de Dios, no hagas nada nuevo”, citaba Trump a Bezos en octubre de 2014. Desde ese momento, la cosa fue a peor.

Donald J. Trump

@ realDonaldTrump

"If you never want to be criticized, for goodness' sake don't do anything new." -- Jeff Bezos

13:32 - 13 oct. 2014 A partir de 2015 se empezó a agriar la relación, cuando Trump empezó a decir cosas como que “las pérdidas de dinero del Washington Post permiten obtener a su dueño, Jeff Bezos, una deducción y laposibilidad de fastidiar al público pagando pocos impuestos en Amazon”.

Donald J. Trump@ realDonaldTrump

The @ washingtonpost loses money (a deduction) and gives owner @ JeffBezos power to screw public on low taxation of @ Amazon! Big tax shelter

7:18 - 7 dic. 2015 El mismo millonario que tenía como objetivo llevar a cabo el mayor recorte de impuestos de la Historia, y que aprobó uno sustancioso el pasado enero -aunque no el mayor, ni mucho menos-, sí se siente muy preocupado desde hace tiempo por los que paga Jeff Bezos. Y esto sólo es así desde que sintió que el periodismo del Washington Post era una amenaza para él y sus intereses electorales y, más adelante, presidenciales.

El hombre de la calle

Uno de los motivos que permiten a Trump arremeter contra Amazon es que cumple perfectamente con su política del “hacer América grande de nuevo”, un concepto anclado en sus características gorras rojas y que tiene mucho atractivo para las clases trabajadoras de ciertos lugares de Estados Unidos, especialmente afectados por la pérdida de relevancia de ciertos sectores industriales.

Trump cree, y probablemente con razón, que calificar en público a Amazon como un monstruo que termina con empleos de tenderos de barrio en los pequeños pueblos encaja perfectamente con su narrativa. El hecho de que estas críticas vayan casi en exclusiva contra la empresa que fundó el dueño de un periódico crítico con su administración es un pequeño extra.

“Amazon está haciendo mucho daño a los comerciantes que pagan impuestos. Ciudades, pueblos y estados de EEUU están siendo perjudicados y se están perdiendo muchos trabajos”, afirmaba Trumpen agosto de 2017.

Donald J. Trump

@ realDonaldTrump

Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt - many jobs being lost!

3:12 - 16 ago. 2017

¿Ha hundido Amazon la empresa nacional de Correos de EEUU?

Una de las novedades del último ataque de Trump a Amazon y Bezos es considerar a Amazon culpable de los malos números de la empresa estatal de Correos de EEUU, el United States Post Office (USPS). Pero tampoco es tan nuevo. El pasado 27 de diciembre Trump ya insistía en que las pérdidas de esta empresa podrían compensarse si Amazon pagase más por las entregas.

Donald J. Trump

@ realDonaldTrump

Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and othersso little to deliver their packages, making Amazon richer and the Post Office dumber and poorer? Should be charging MUCH MORE!

5:04 - 29 dic. 2017 Este argumento se sostiene en un informe de Citigroup en el que, efectivamente, se señalaba que un incremento de los pagos de Amazon al USPS supondría un incremento de los costes de 2.600 millones de dólares. “Este timo a Correos debe cesar. Amazon debe pagar ya costes los reales (y los impuestos)”.

Donald J. Trump

@ realDonaldTrump

...does not include the Fake Washington Post, which is used as a “lobbyist” and should so REGISTER. If the P.O. “increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.” This Post Office scam must stop. Amazon must pay real costs (and

taxes) now!

5:52 - 31 mar. 2018 El problema es que el USPS y Amazon mantienen una relación que los primeros consideran rentables. En España sucede algo parecido, en realidad. Amazon está ayudando con sus paquetes a compensar por un tipo de servicio que se ha derrumbado dramáticamente en los últimos años: el correo tradicional. En las cuentas de ambas compañías postales, los paquetes tipo Amazon suponen un salvavidas, y si la única actividad que permaneciese en marcha fuese la tradicional, ambas estarían peor de lo que están.

Para colmo, en ambos casos Amazon no depende exclusivamente de los servicios estatales de correos y cuenta no sólo con empresas de reparto como UPS o Seur, sino también, últimamente, consu propio servicio para cubrir la llamada “última milla”, el tramo que va entre sus centros de logística y los consumidores. Los servicios públicos de Correos probablemente necesitan más a Amazon que lo contrario.

¿Paga Amazon pocos impuestos en EEUU?

Hace unos años las críticas de Trump sobre los impuestos estatales habrían estado más que fundadas. Pero desde abril de 2017 la compañía paga impuestos en todos los estados que los recaudan. En 2017 pagó 957 millones, frente a 177 millones en 2014, según los datos entregados a la SEC. Eso sí, no pagó impuestos federales y las normas aprobadas por Trump le permitirán mantener esa tendencia.

En Europa la guerra es otra, ya que Amazon, como casi todas las grandes tecnológicas del continente, paga el grueso del impuesto de sociedades en un país con mejores condiciones (en este caso Luxemburgo) y menos de un millón de euros queda en España, si bien el IVA sí se liquida en nuestro país.

¿Es el Washington Post un lobi?

Desde luego, es una obsesión para Trump. El pasado 30 de marzo, antes de su última racha de tuits, el Presidente de EEUU leyó un reportaje en el que se hablaba de los distintos intentos que están en marcha para abrir como un melón sus secretísimas finanzas.

El pasado 25 de julio, Trump ya arremetió contra Amazon y el Washington Post, a quien considera, básicamente, la misma cosa. “El Amazon Washington Post (sic) se inventó los hechos sobre cómo acabé con los masivos, peligrosos e inútiles pagos a los rebeldes sirios en la lucha contra Assad”, afirmó entonces.

“Hay tantas historias sobre mí en el Washington Post que son ‘fake news’. Son tan malos como la CNN, con sus problemas de audiencia. ¿Son lobistas a favor de Amazon y los impuestos?”, señalaba después. “¿Está siendo utilizado el Washington Post de las ‘fake news’ comoun arma de lobi contra el Congreso para evitar que los políticos estudien el monopolio sin impuestos de Amazon?”, concluía.

El 28 de junio, Trump ya había hecho declaraciones al respecto, al afirmar: "El #AmazonWashingtonPost, a veces conocido como el guardián de Amazon, que no paga impuestos

de internet, es FAKE NEWS".

El presidente de EEUU fue entonces criticado por cosas como hablar de un "impuesto de internet" inexistente o por su costumbre de hablar como si fuesen del mismo grupo, en lugar de ser dos compañías distintas que comparten a su principal accionista.

Pero las cosas vienen de más lejos aún. En mayo de 2016, el entonces candidato ya hablaba de Amazon, Bezos, impuestos, lobi y el Washington Post. Una de las pocas respuestas del dueño de Amazon fue una broma en la que hablaba de enviar a Trump al espacio.

Jeff Bezos

@ JeffBezos

Finally trashed by @ realDonaldTrump. Will still reserve him a seat on the Blue Origin rocket. # sendDonaldtospace

3:14 Historic Rocket Landing Blue Origin • 15:30 - 7 dic. 2015 (Blue Origin 24 nov. 2015 Blue Origin’s New Shepard space vehicle successfully flew to space, reaching its planned test altitude of 329,839 feet (100.5 kilometers) before executing a historic landing back at the launch site in West Texas)

¿Y el empleo?

A pesar de que es un tema importante, como demostró el comentario que hizo Roseanne Barr en la vuelta de su serie a la televisión, en la que alabó el foco de Trump en los puestos de trabajo, está porver que Amazon sea un coladero de puestos de trabajo. Por ejemplo, el responsable de estrategia económica del Instituto de Política Progresiva de Washington aseguraba hace unos meses al Boston Globe que el comercio electrónico crea más puestos de trabajo de los que se están perdiendo en los distribuidores tradicionales.

Según su análisis, contando con los centros logísticos, las compañías de comercio electrónico han creado más de 400.000 puestos de trabajo en la última década, mientras que los distribuidores tradicionales a pie de calle perdieron 140.000 puestos de trabajo en el mismo periodo. Además, los trabajadores en almacenes logísticos en EEUU ganan un 31% más de media, y muchos de estos puestos son de jornada completa.

En España, las grandes compañías de distribución como El Corte Inglés, Mercadona, Carrefour ydemás, se han tomado el mundo del comercio electrónico como una actividad complementaria y han dedicado muchos esfuerzos y empleos a llevarla a cabo con éxito. En España, más que problemas con el presidente, Amazon los tiene con sus trabajadores.

Planta de Amazon en San Fernando de Henares. E.E.

EMPRESAS

CCOO se plantea una huelga indefinida en Amazon

El sindicato laboral que tiene representación en el comité de Amazon estudia nuevas alternativas para conseguir reestablecer el convenio colectivo anterior al sectorial.

28 marzo, 2018 14:32

EN AMAZON HUELGAS SAN FERNANDO DE HENARES

C. R. C. @crcozar

Los trabajadores de Amazon no han pronunciado su última palabra. Tras la huelga que colapsó la planta de San Fernando de Henares, en las reuniones del comité de empresa se cuecen nuevas medidas.

CCOO ha planteado la posibilidad de una nueva huelga, pero esta vez sería indefinida. Las conversaciones se han iniciado, pero de momento no hay nada oficial. El sindicato advierte a la empresa de comercio electrónico que empezará "a dar pasos" para intensificar las movilizaciones encaso de que "no acceda a retomar las negociaciones del convenio colectivo".

"De no ser así y si no se producen avances en pocas fechas, CCOO planteará a los trabajadores dar

pasos hacia una huelga indefinida si no existe una respuesta por parte de la empresa", ha explicado en un comunicado el colectivo a través de un comunicado. Según su versión, Amazon "no puede continuar con planteamientos esclavistas del siglo XIX una empresa que se define como puntera e innovadora en el siglo XXI".

"Es hora de que la empresa escuche la voz de su plantilla y deje de plantearse utilizar a su personal como fuente de financiación reduciendo sus salarios mientras la empresa engorda año a año sus beneficios en España", se extrae del documento.

El comité niega esta huelga

EL ESPAÑOL se ha puesto en contacto con el comité de empresa. Según fuentes del colectivo de trabajadores explican a este medio que es "impensable realizar esta huelga. No hay logística suficiente para preparar semejante dispositivo", indican.

A su vez, han vuelto a reiterar que seguirán con su agenda para seguir con las movilizaciones. Abril,de hecho, será un nuevo mes en el que las manifestaciones estarán a la orden del día.

Seguimiento masivo

Según los sindicatos, la huelga convocada el pasado miércoles y jueves fue secundada por el 98% de la plantilla en la primera jornada y sumó también un "seguimiento masivo" en el segundo día, lo que califican de "una atronadora respuesta".

La plantilla, compuesta por 1.100 personas fijas y 900 temporales, estaba convocada a la huelga ante la negativa de Amazon de negociar la renovación del convenio propio del centro y su intenciónde instaurar el convenio provincial de logística, lo que supondría "un recorte de los derechos laborales".

Según la representación sindical, el cambio supondría prácticamente una congelación de los sueldosy conllevaría la eliminación de una categoría profesional intermedia, por lo que quienes ocupaban estos cargos tendrán que bajar de rango automáticamente.

Además, critican que con ello la compañía pretende reducir el precio de las horas extraordinarias, las nocturnas y las del fin de semana, así como rebajar la cobertura por una baja asociada al puesto de trabajo del 100% del salario durante 18 meses al 75%.

The Facts Behind Trump’s Tweets on Amazon, Taxes and the Postal ServiceBy MICHAEL GOLD and KATIE ROGERS MARCH 29, 2018

An Amazon warehouse in Florence, N.J. The company says it collects taxes in every jurisdiction where it is required to do so. Bryan Anselm for The New York Times

President Trump renewed his attacks against Amazon on Saturday, claiming on Twitter that the Postal Service loses billions of dollars shipping packages for the online giant. He also accused The Washington Post — which is owned by Jeff Bezos, the chief executive of Amazon — of functioning as a “lobbyist” on behalf of the retailer.

Donald J. Trump

@ realDonaldTrump

While we are on the subject, it is reported that the U.S. Post Officewill lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars. The Failing N.Y. Times reports that “the size of the company’s lobbying staff has ballooned,” and that...

5:45 - 31 mar. 2018

Donald J. Trump

@ realDonaldTrump

...does not include the Fake Washington Post, which is used as a “lobbyist” and should so REGISTER. If the P.O. “increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.” This Post Office scam must stop. Amazon must pay real costs (andtaxes) now!

5:52 - 31 mar. 2018

Here is our earlier fact-check on Mr. Trump’s assertions about Amazon, with some updates.

President Trump assailed Amazon on Thursday, accusing the online retail giant of paying “little or no taxes to state & local governments,” while taking advantage of the United States Postal Service and “causing tremendous loss to the U.S.”

Donald J. Trump

@ realDonaldTrump

I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!

4:57 - 29 mar. 2018

The remarks, made in a Twitter post, followed reports that Mr. Trump had expressed an interest in reining in the company. But it was not the first time Mr. Trump has criticized Amazon or its chief executive, Jeff Bezos.

Amazon’s stock price dropped in early trading Thursday after the president’s comments. But his Twitter post lacked important context about the Postal Service and relied on outdated and incorrect facts regarding Amazon’s taxes. Here is an assessment of the president’s claims.

Amazon Does Pay Taxes

Mr. Trump has made similar claims before about Amazon’s tax payments, both as president and a private citizen. After he mentioned it in August 2017, The New York Times reported:

If Mr. Trump’s point was that Amazon did not collect sales taxes — which are owed by the purchaser and collected by the retailer — it is true that the company once avoided doing so.

“If this was five years ago, the tweet would be making a very compelling point,” said Carl Davis, the research director of the left-leaning Institute on Taxation and Economic Policy. Historically, “there is no doubt that Amazon used its ability to not collect sales tax to gain a competitive advantage.”

But that criticism is outdated.

How outdated? In 2012, Amazon began collecting and paying state taxes in California. Since April 2017, Amazon has collected sales taxes in all states that levy one.

Additionally, in its latest annual report to the Securities and Exchange Commission, Amazon said it paid $957 million in income taxes in 2017. The company previously reported paying $412 million in income taxes in 2016, $273 million in 2015 and $177 million in 2014, according to the commission.

Those totals can include taxes that are paid on state, federal and foreign income — although the filing does not specifically break down the amounts for each.

An analysis published in February by the Institute on Taxation and Economic Policy concluded that Amazon did not pay any federal taxes in 2017. It cited the company’s S.E.C. filing in concluding that Amazon took advantage of a variety of tax breaks and credits to avoid paying federal taxes.

Amazon and the Postal Service

Mr. Trump has also previously criticized the relationship between Amazon and the Postal Service. In December, the president denounced the agency on Twitter for losing billions of dollars when it could be “charging MUCH MORE” to Amazon and other shippers.

Donald J. Trump

@ realDonaldTrump

Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the PostOffice dumber and poorer? Should be charging MUCH MORE!

5:04 - 29 dic. 2017

It is true the Postal Service has consistently reported net losses for a decade; the last time it reported

net income from its operations was the 2006 fiscal year. In the 2017 fiscal year, the agency reported a net loss of $2.7 billion; the previous three years, it incurred losses of nearly twice that amount.

The beginning of the 2018 fiscal year suggested the organization was not turning its fortunes around. In the first quarter, which included the December holiday season that typically brings its strongest earnings of the year, the Postal Service had a net loss of $540 million.

Those losses cannot be attributed to Amazon shipments alone, however, and the president’s Twitter posts have lacked context. Notably, packages and shipping are areas of growth for the Postal Service that have offset its general shortfalls in revenue.

The Postal Service attributes much of its financial woe to a prolonged decline in the volume of marketing mail and first-class mail — bills, birthday cards and, for example, bridal shower invitations. Its mail business is still its “main source of revenue and contribution,” the postmaster general, Megan J. Brennan, said in a statement in February.

In large part because of the internet — online bill pay, Facebook birthday posts and e-vites — the volume of first-class mail being sent through the Postal Service has decreased 43 percent since 2001, when it last peaked.

Still, Mr. Trump’s assertion that the Postal Service is leaving money on the table may have some truth to it. A 2017 analysis by Citigroup concluded that the agency was charging below market ratesfor package delivery.

If that is the case, Amazon, widely believed to be one of the Postal Service’s biggest customers, certainly benefits.

The report estimated that if the agency increased its parcel rates, Amazon’s shipping costs would rise by about $2.6 billion. Some of that money would presumably go to the Postal Service, which in2014 handled 40 percent of Amazon’s packages, according to one 2015 estimate.

The report also suggested that Amazon’s high shipment volume gives it a greater opportunity to negotiate rates with shippers. Amazon has acknowledged in the past that it has an arrangement with the Postal Service, but it has rejected the idea that its shipments are being subsidized by the agency.

In a 2017 statement, Amazon said that its partnership with the Postal Service was “reviewed annually by the Postal Regulatory Commission,” which found its contracts to be profitable.

The Postal Service’s chief financial officer, Joseph Corbett, has also defended the agency’s shippingrates. In a letter in July to The Wall Street Journal, Mr. Corbett wrote that the Postal Service’s “competitive package products, including those that we deliver for Amazon,” are legally required tocover the costs incurred.

Amazon and The Washington Post

People close to Mr. Trump say that his disdain for Amazon (and, by association, for Mr. Bezos) is often set off by his anger at negative articles in The Washington Post. On Friday, the newspaper published a report detailing how Mr. Trump’s legal battles have affected his business empire.

The Post, as it noted in another article on Saturday, operates independently of Amazon.

Jim Tankersley, Alan Rappeport and Linda Qiu contributed reporting.

A version of this article appears in print on March 30, 2018, on Page A16 of the New York edition with the headline: Presidential Criticism That Fails to Deliver. Order Reprints| Today's Paper|Subscribe

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The Facts Behind Trump's Tweets on Amazon, Taxes and the Postal ...

https://www.nytimes.com/.../us/.../trump-amazon-post-office-fact-... - Traducir esta páginahace 4 días - President Trump assailed Amazon on Thursday, accusing the online retail giant of paying “little or no taxesto state & local governments,” while taking advantage of the United States Postal Service and “causing tremendous lossto the U.S.”. I have stated my concerns with Amazon long before the Election.

President Trump accuses Amazon of scamming the USPS - The Verge

https://www.theverge.com/.../president-donald-trump-amazon-usp... Traducir esta páginahace 2 días - This morning, Trump once again tweeted about online retailer Amazon.com, alleging that it is scamming the United States Postal Service and that the ... a tweet on March 29th, saying that Amazon was taking advantage of the USPS, paying little in state and local taxes, and putting retailers out of business.

Donald Trump Says Amazon Is Killing the Post Office. It's Not | Fortune

fortune.com › Retail › Amazon Traducir esta página

hace 4 días - “I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!” he tweeted Thursday.

Trump vs. Amazon: The sequel - The Washington Post

https://www.washingtonpost.com/.../trump-vs-amazon-the-sequel/ - Traducir esta páginahace 4 días - I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business! — Donald J. Trump ...

Amazon isn't killing the post office. And Trump's ability to go after the ...

www.latimes.com/business/la-fi-amazon-trump-20180330-story.h... Traducir esta página

hace 3 días - The Amazon blame game took another turn this week when President Trump spun the wheel back around to the U.S. Postal Service. ... Since signing a landmark contract in 2013 to expand their business relationship and deliverpackages on Sunday, revenue has ticked up; losses are down; and shipping is ...

Trump bashes Amazon again, saying post office loses 'billions'

https://www.cnbc.com/.../trump-bashes-amazon-again-saying-post... Traducir esta página

hace 2 días - President Donald Trump bashed Amazon on Twitter for the second time in three days, this time claiming the U.S. Postal Service loses "billions of ... Court ruled in 1992 that states couldn't collect sales taxes gathered by mail-order catalog companies, unless the firms had a physical presence in a state.

For every Amazon package it delivers, the Postal Service loses $1.46

https://www.washingtonexaminer.com/for-every-amazon-package... Traducir esta página

1 sept. 2017 - Bezos runs Amazon, which is primarily a shipping business. It relies on the U.S. Postal Service to deliver two-thirds of its packages. In many places now, it locates a depot near a post office, presorts the packages, and delivers them to the post office. The Postal Service, which has a monopoly on last-mile ...

Is Amazon really ripping off the US Postal Service? - Vox

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29 dic. 2017 - Donald Trump went after the US Postal Service on Friday, claiming that the mail carrier is “losing many billions a year” charging low package rates, “making Amazon richer” and the Postal Service “dumber and poorer.” Whyis the United States Post Office, which is losing many billions of dollars a year, while ...

Amazon stock falls after another round of Trump rants - Chicago Tribune

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hace 8 horas - Amazon's stock has fallen again, following another angry tweet from President Donald Trump, who says the company, chaired by Jeff Bezos, left, hurts ... citing reports he didn't specify, that the U.S. Postal Service "will lose $1.50 on average for each package it delivers for Amazon" and added that the "Post ...

Trump Hits Amazon Again, Ripping Postal “Scam,” “Fake Washington ...

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hace 2 días - Jerry Brown for issuing pardons for select convicts, calling him “Moonbeam” and tagging Fox News in thetweet. Those who follow Amazon's business pointed out that the tweets do not accurately describe the state of the postal service. The entity indeed has lost money every year for the past decade, but not ...

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How the U.S. Postal Service has helped turn Amazon into a giant by undercharging them by $1.46 a package on postage

• A new report explains how the U.S. Postal Service has been practically subsidizing

postage for large retailers like Amazon• The Postal Service is barred by law from charging less than it costs to deliver a

package• But the report finds that they may be miscalculating the package side of their business

• In April, a Citigroup analysis found that the Postal Service should be charging, on

average, $1.46 more on packages• 'It is as if every Amazon box comes with a dollar or two stapled to the packing slip - a

gift card from Uncle Sam,' Josh Sanbulte writes in the Wall Street Journal

BY DAILYMAIL.COM REPORTER

PUBLISHED: 20:57 BST, 14 July 2017 | UPDATED: 23:32 BST, 14 July 2017

There's a reason Amazon packages have become a common sight on front steps around the country, and that's because the U.S. Postal Service practically subsidizes postage for the internet giant.

As Josh Sandbulte, co-president of money management firm Greenhaven Associates, pointed out in the Wall Street Journal, the Postal Service has a legal monopoly to deliver first-class mail in the U.S. - in other words, non-urgent letters. In exchange, the Postal Service is required to deliver, if needed, mail to every address in America, six days a week.

Since the invention of email, the amount of physical mail being sent has dramatically declined, so the Postal Service has supplemented that business with package delivery.

This monopoly does not extend to packages, a corner of the market which sees companies like UPS and FedEx directly competing with the Postal Service.

A new report explains how the U.S. Postal Service has been practically subsidizing postage forlarge retailers like Amazon

In order not to give the Postal Service an unfair advantage in the package delivery market, lawmakers in 2006 passed the Postal Accountability and Enhancement Act, which made it illegal for the Postal Service to charge less for postage than what it costs to deliver a package.

Sandbulte says that the issue is that the Postal Service may be miscalculating how much it costs to deliver packages, and in turn has been undercharging clients who ship with them.

In 2007, the Postal Service and its regulator determined that, at a minimum, 5.5 per cent of the agency's fixed costs should go towards package delivery.

Today, package delivery takes up 25 per cent of the Postal Service's business, but its share of fixed costs has stayed the same.

That means that the Postal Service is effectively subsidizing package delivery with first-class mail.

According to an April analysis from Citigroup, if costs were fairly allocated, on average parcels would cost $1.46 more to deliver.

This, Sandbulte says, gives online retailers like Amazon - who also take advantage of discounted 'last mile' delivery - an unfair advantage.

'It is as if every Amazon box comes with a dollar or two stapled to the packing slip - a gift card from Uncle Sam,' he writes.

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He continues: 'Amazon is big enough to take full advantage of "postal injection" and that has tippedthe scales in the internet giant's favor.

'Select high-volume shippers are able to drop off presorted packages at the local Postal Service depot for "last mile" delivery at cut-rate prices.

'With high volumes and warehouses near the local depots, Amazon enjoys low rates unavailable to its competitors.

'My analysis of available data suggests that around two-thirds of Amazon's domestic deliveries are made by the Postal Service. It's as if Amazon gets a subsidized space on every mail truck,' he says.

Sandbulte says it's time for lawmakers to revamp the Postal Accountability and Enhancement Act, so that the Postal Service can't pick 'winners and losers in the retail world'.

It should be noted that Sandbulte's money-managing firm owns common stock in FedEx, one of the Postal Service's competitors.

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Why the Post Office Gives Amazon Special Delivery - WSJ

OPINION COMMENTARY

Why the Post Office Gives Amazon Special DeliveryA Citigroup analysis finds each box gets a $1.46 subsidy. It’s like a gift card from Uncle Sam.

By Josh Sandbulte

In my neighborhood, I frequently walk past “shop local” signs in the windows of struggling stores. Yet I don’t feel guilty ordering most of my family’s household goods on Amazon. In a world of fair competition, there will be winners and losers.

But when a mail truck pulls up filled to the top with Amazon boxes for my neighbors and me, I do feel some guilt. Like many close observers of the shipping business, I know a secret about the federal government’s relationship with Amazon: The U.S. Postal Service delivers the company’s...

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December 31, 2017West Virginia residents still use Postal Service, though often not as much as their parents did32 years on the same route ending for Flossmoor IL mail carrierFox News takes credit for Trump’s anti-USPS rant

December 30, 2017Man arrested for armed robbery of metro Detroit postal carrierPittsburg Postmaster RetiresVideo: $10,000 reward in East Bay mail truck burglariesPostal Service Issuing Love Flourishes Forever StampNow That You Mention It, Why *Does* The Postal Service Charge Amazon So Little For Shipping?Trump, Amazon and the Postal Service: The story behind the tweet - Congress has tied USPS' handsHow a Postal Strike Became a National Emergency for Richard Nixon

December 29, 2017Trump says USPS getting “poorer and dumber” while making Amazon rich

Californian leaves surprise for porch pirates New rules for computer-generated postage rile someAmazon's Prime Air cargo fleet is up to 32 freightersDriver stuck inside for a moment when another postal truck catches fire... ...Plus, postal workers not getting paid overtime at Manassas Post Office?New postmaster delivers holiday cheer to McGregorMail carrier accused of rolling over dog on private propertyManagement Challenge at USPS: 195 Million Square Feet of RoofEvaluation ordered for postal worker in colleagues’ slayings

Now that you mention it, why *does* the Postal Service charge Amazon so little for shipping?AllahpunditPosted at 5:01 pm on December 29, 2017

A fun game anytime POTUS attacks Amazon is to try to guess which Washington Post story that day was the one that pissed him off. The Post is owned by Amazon CEO Jeff Bezos, of course; anytime the reporters at Bezos’s side hustle really get under Trump’s skin, he’s apt to rattle his economic saber at Bezos’s main business. Was it … this one, maybe? Or did “Fox & Friends” run a segment about Amazon’s shipping practices this morning?

SEE ALSO: Fox News on Ingraham: We will not let our voices be censored by agenda-driven intimidation efforts

Either way, the man has a point.

TRENDING:

Will CNN's Joan Walsh receive the same treatment as Laura Ingraham?

Donald J. Trump

@ realDonaldTrump

Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the PostOffice dumber and poorer? Should be charging MUCH MORE!

5:04 - 29 dic. 2017

“Eh, what does he know? He still thinks Amazon doesn’t collect sales tax!” Right, but as a simple fact the USPS *does* charge well below what it might given the success of its package delivery service. The agency is still hemorrhaging money each year but that’s because its main business, letter delivery, is dying right along with the older Americans who grew up with it as their main

conduit of written correspondence. Package delivery is where the money’s at now, with USPS package revenue up 44 percent since 2014 as letter delivery declines. You can thank Amazon (and Wal-Mart and a bunch of other mega-retailers) for that.

But there’s a catch. Remember this buzzed-about op-ed that ran in the WSJ this past July?

In 2007 the Postal Service and its regulator determined that, at a minimum, 5.5% of the agency’s fixed costs must be allocated to packages and similar products. A decade later, around 25% of its revenue comes from packages, but their share of fixed costs has not kept pace. First-class mail effectively subsidizes the national network, and the packages get a free ride. An April analysis from Citigroup estimates that if costs were fairly allocated, on average parcels would cost $1.46 more to deliver. It is as if every Amazon box comes with a dollar or two stapled to the packing slip—a gift card from Uncle Sam.

Amazon is big enough to take full advantage of “postal injection,” and that has tipped the scales in the internet giant’s favor. Select high-volume shippers are able to drop off presorted packages at the local Postal Service depot for “last mile” delivery at cut-rate prices. With high volumes and warehouses near the local depots, Amazon enjoys low rates unavailable to its competitors. My analysis of available data suggests that around two-thirds of Amazon’s domestic deliveries are made by the Postal Service. It’s as if Amazon gets a subsidized space on every mail truck.

The op-ed was written by investor Josh Sandbulte, whose firm holds shares in, er, USPS competitor FedEx. And it’s not true that that entire $1.46 is taxpayer-subsidized. The USPS operates on the revenue it takes in, not appropriations by the feds. Plus, noted Fortune Magazine, “USPS’s legal duty to provide universal service means that even at a discount, shipping boxes for Amazon helps it generate revenue from potentially unused capacity. Fixed costs aside, USPS package delivery is profitable, helping subsidize rural service and letter delivery. So there’s room for disagreement about whether the situation is actually unjust.” Amazon, in fact, insists that its contracts with the Postal Service are profitable for the agency. But the fact remains that package delivery has explodedin growth in the last decade and yet the Postal Service’s costs are still being allocated according to atarget set in 2007. Sandbulte’s not the only analyst who sees a bonanza for Amazon in the USPS’s rates either:

While full details of the agreement between Amazon and the Postal Service are unknown — the mail service is independently operated and strikes confidential deals with retailers — David Vernon, an analyst at Bernstein Research who tracks the shipping industry, estimated in 2015 that the USPS handled 40 percent of Amazon’s volume the previous year. He estimated at the time that Amazon pays the Postal Service $2 per package, which is about half what it would pay United Parcel Service Inc. or FedEx Corp.

The USPS is stuck. By law it can’t price parcel delivery below cost to try to attract more business, as that would be unfair to private-sector competitors. But if it raises rates it might itself be undercut by FedEx or UPS as they jockey for position in the booming delivery industry. Or, worse, as delivery rates rise, Amazon may invoke the nuclear option — building its own delivery service and cutting the Postal Service out altogether. Could the USPS survive if its package business began to collapse too? Without an even larger annual bailout from Uncle Sam, I mean.

POTUS and the Republican Congress could always solve this problem next year by adjusting the Postal Service’s rates. All they’d need to do is sell the idea to a public that’s increasingly comfortable with e-commerce that “free” shipping at Amazon should be $1.99 or more for each order. How do you think that would fly? Americans love free stuff, whether it’s actually free or not.

President Trump slams Amazon, telling U.S. post office to charge more from CNBC.

Tags: bezos charge deficit delivery dumber package poorer postal service service trump USPS