12:24 PM EDT, 07/30/2024 (MT Newswires) -- (Updates with Amazon's ( AMZN ) comments in the fourth and fifth paragraphs.)

Amazon.com ( AMZN ) is expanding fast delivery of its products into rural areas in the US as it tries to rely less on the post office in those areas, The Wall Street Journal reported Tuesday.

The company is boosting its one- to two-day delivery services throughout the US with the aim of increasing sales in rural regions, the report said.

Under the project, Amazon ( AMZN ) clients in small towns will get the company's packages faster, and fewer of the deliveries will be done by the US Postal Service, which is now widely used for the retail giant's deliveries in rural areas, the report said.

"Expanding our rural delivery network will help cut delivery times for customers in smaller towns and more isolated parts of the country," an Amazon ( AMZN ) spokesperson told MT Newswires.

"There are more opportunities ahead for us to continue delivering our wide selection of products even faster for our customers, regardless of location," the Amazon ( AMZN ) spokesperson said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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