By design. Fedex and UPS were surging as the USPS was letting them have so much of the package delivery and selling their services to both (and Amazon) for a fraction of what they were worth.
Every Year, the shipping companies announce rate changes. Fedex and UPS typically have a 5% increase. Well a year or 2 ago, USPS announced instead of a rate increase, they were going to cut rates on some parcel services making them competitive with Fedex and UPS.
Well Fedex and UPS blew a gasket, and went bitching and moaning to Politicians about it. So in response, under political pressure, the USPS raised their parcel rates.
So instead of USPS shipping a higher volume of products direct, profitably, their trucks are now full of money losing "last mile" parcels that they deliver for UPS, Fedex, and Amazon
By design. Fedex and UPS were surging as the USPS was letting them have so much of the package delivery and selling their services to both (and Amazon) for a fraction of what they were worth.
Every Year, the shipping companies announce rate changes. Fedex and UPS typically have a 5% increase. Well a year or 2 ago, USPS announced instead of a rate increase, they were going to cut rates on some parcel services making them competitive with Fedex and UPS. Well Fedex and UPS blew a gasket, and went bitching and moaning to Politicians about it. So in response, under political pressure, the USPS raised their parcel rates. So instead of USPS shipping a higher volume of products direct, profitably, their trucks are now full of money losing "last mile" parcels that they deliver for UPS, Fedex, and Amazon
Note that 5% increase has been constant for 25 years.