Mailor Postal Service is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the Miney States, including its insular areas and associated states. It is one of the few government agencies explicitly authorized by the United States Constitution. It was elevated to a cabinet-level department inand was transformed by the Postal Reorganization Act of into the United States Postal Service as an independent agency. The USPS as of hasactive employees in The USPS is legally obligated to serve all Americans, regardless of geography, at uniform price and quality. Mail» and personal letterboxes in the United States, but now has to compete against private package delivery services, such as United Parcel ServiceFedExhow does the post office make money Amazon.
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From facilitating the nation’s largest one-day food drive to addressing dog bites, educating customers on consumer protection and delivering holiday cheer to those in need, the Postal Service supports communities. The Postal Service employs more than , military veterans and is one of the largest employers of veterans in the country. Learn more. Postal employees regularly go beyond the call of duty to protect the lives of customers they serve, including older and disabled customers through the Carrier Alert Program. In fiscal year , the Postal Service recognized heroic employees. The Postal Service processes and delivers 47 percent of the world’s mail and is constantly innovating to make customer experiences better. The Postal Service has more than , vehicles, one of the largest civilian fleets in the world. New next-generation vehicles will have improved ergonomics, safety features, fuel efficiency and design flexibility. The Postal Service both competes and collaborates with the private sector. For 55 cents, anyone can send a letter, regardless of geographic location, to anywhere in the United States. The Postal Service is the only organization in the country that has the resources, network infrastructure and logistical capability to regularly deliver to every residential and business address in the nation.
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Postal Service is unprofitable because it is under-charging Amazon. Rather, it tries to cover its operating expenses by charging postage. Sorting and transporting mail is an inherently costly proposition. But that is not the whole of it. The Postal Service has limited tools to control its overhead. Laws and political pressures harry its every effort to reduce delivery frequency presently mandated at six days per week and shutter money-losing post offices. By law, the vast majority of all USPS positions are held by unionized federal employees who have robust job protections. The agency has , fewer employees than it did a few decades ago.
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November 14, In , First-Class Mail volumes declined by approximately 2. Although mail volume declines were partially offset by growth in package volume, overall volume for the year declined by 3. However, the flawed business model imposed by law continues to be the root cause of our financial instability. We are seeking reforms that would allow the organization to reduce costs, grow revenue, compete more effectively, and function with greater flexibility to adapt to the marketplace and to invest in our future. Brennan added that addressing these urgently needed reforms would then provide an opportunity to consider broader public policy issues and develop long-term solutions to continue to enable the Postal Service to best meet the needs of the American public.
Revenue and mail volume is basically flat, but the USPS’ operating expenses are out of control.
Brian Naylor. President Trump has repeatedly attacked Amazon and the U. Postal Service in recent days for acting as Amazon’s «delivery boy» and implying the online retailer has been getting a sweetheart deal for delivery of its packages. President Trump has been insisting in recent days that the post office has been undercharging Amazon for delivering its packages to homes around the country. Here’s the president yesterday at a White House meeting. Postal Service delivers an estimated 40 percent of Amazon’s packages. And per package, while we don’t know for sure, they probably do pay less than we would if we were mailing a present to Aunt Ruth, in part because the logistics are a bit different, too. Plunkett says no one really knows what kind of deal Amazon made with the Postal Service because the details are sealed.
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You are now logged in. Forgot your password? The U. In its quarterly fiscal reportpublished today, the Post Office reported small decreases in mail volume and overall revenue compared to the same quarter of Its big losses are driven by a sharp increase in expenses, primarily workers’ compensation costs, pension liabilities, and payments for retirees’ health benefits. At the time, Postmaster General Megan Brennan bluntly declared that the agency «cannot generate revenue or cut enough costs to pay our bills» and predicted that the agency would continue to post losses kffice «an accelerating rate. That comes even after an increase in the cost of sending how does the post office make money mail. It’s not exactly news that personnel costs are driving the Postal Service’s financial problems. And they pay taxes, doea the Postal Service does not. As Reason has been arguing for literally 50 yearsthe postal service should be privatized. It would probably require significant restructuring and service changes for the privatized service to net a profit, and the federal government would likely need to absorb the current debts.
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