Amazon.com Inc (NASDAQ:AMZN) is considering ending its decades-long contract with the United States Postal Service (USPS) and building out its own nationwide delivery network, according to a report from The Washington Post. The current agreement between the eCommerce giant and the USPS is set to expire in October 2026.
Amazon is considering ending from its long-standing contract with the United States Postal Service and building out its own competing nationwide delivery network, according to the Washington Post.
Google said it has disrupted the foreign cybercriminal group behind a text scam operation within 24 hours of filing its lawsuit. The crime syndicate is responsible for a massive SMS phishing, or "smishing," operation that Google said would fake E-ZPass and U.S. Postal Service messages.
Google filed a lawsuit against a cybercriminal group largely based in China that is behind a massive text message phishing operation, or "smishing." The organization uses a "Lighthouse," a phishing-as-a-service kit, to steal sensitive financial information by sending fraudulent text messages.
Postal Realty Trust (PSTL) offers unique exposure as the largest REIT focused on USPS-leased properties, with very high occupancy and strong internal growth potential. Short-term leases present re-leasing opportunities, especially with mark-to-market rent resets and annual escalators, supporting future AFFO and dividend growth. Risks include leverage and dependence on USPS, but legislative reforms and USPS's vital role reduce bankruptcy risk significantly and support long-term stability.
Pitney Bowes offers a margin of safety at $10.50 due to its transition from declining mail to growing package/parcel segments. PBI could see significant upside from USPS partial privatization, potentially boosting EPS to $2.50 and the share price to $20 or higher. Risks include declining mail volumes and uncertainties around USPS privatization, though PBI's focus on corporate mail and e-commerce growth mitigates this.
Shares in e-commerce companies slide as the trade war between Washington and Beijing heats up.