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Home > Company Index > Transportation > Air Delivery, Freight & Parcel Services > United States Postal Service

United States Postal Service
 NEWS FROM THE STANDARD
Pushing the Envelope
Feb 26 2001 12:00 AM PST

News Briefs
Jan 15 2001 12:00 AM PST

Stamp of Approval
Jun 07 2000 04:11 PM PDT

Amazon Prepares for the Holidays
Sep 28 1999 12:00 AM PDT

Digitizing Snail-mail
Sep 21 1998 12:00 AM PDT

 PROFILE
No, the United States Postal Service (USPS) doesn't deliver your e-mail, but it is trying to find Internet opportunities. An independent government agency, the USPS delivers more than 200 billion pieces of mail a year (40% of the world's total), relying on postage and fees for income. Though it has a monopoly on delivering nonurgent letters, the USPS faces competition for services such as package delivery. Facing a decline in the volume of "snail mail" because of the Internet, the agency is pursuing e-commerce strategies such as express delivery and computerized postage. An 11-member board of governors, nine of whom are appointed by the president of the US, oversees the agency.

 COMPETITION
DHL Worldwide Express, Inc. (dossier)
FedEx Corporation (FDX)
United Parcel Service, Inc. (UPS)

 DEALS
Deal: CheckFree Partners With U.S. Postal Service
Date Announced: 04.05.00
Value of transaction (US $Mil): 0
Description: CheckFree to be exclusive e-billing provider for USPS' Web portal.

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 64,540.00
1-Yr. Sales Growth: 2.9%
Employees: 787,538
Revenue per employee: $81,951.60

 KEY PEOPLE
• John E. Potter
    CEO
• Richard J. Strasser
    CFO

 CONTACT INFO
475 L'Enfant Plaza SW
Washington, DC 20260
US
Phone: 202-268-2500
Fax: 202-268-4860
Online: Web Site

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