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October 09, 2015 7:54 AM ET

Air Freight and Logistics

Company Overview of United States Postal Service

Company Overview

United States Postal Service is a independent government agency that is overseen by a board of nine governors appointed by the president. The United States Postal Service is responsible for delivering about 40% of the world's mail. The United States Postal Service holds a monopoly over the delivery of nonurgent letters.

475 L'Enfant Plaza SW

Washington, DC 20260-0546

United States

Founded in 1775

488,000 Employees





Key Executives for United States Postal Service

Chief Executive Officer and Postmaster General
Age: 53
Chief Postal Inspector
Chief Financial Officer and Executive Vice President
Age: 56
President of Digital Solutions
Age: 64
Chief Information Officer and Executive Vice President
Age: 60
Compensation as of Fiscal Year 2015.

United States Postal Service Key Developments

Usps Lists Napa Post Office For Sale

Mike Thompson, representative of United States Postal Service (USPS) announced that USPS has listed the Historic Franklin Station Post Office in downtown Napa for sale. "Selling the post office is the best way to preserve this historic structure, and I am very pleased that USPS and Postmaster General Brennan are working with me and our community to save the property," said Mike Thompson. "The Franklin Station Post Office is one of our community's crown jewels. It's a beautiful part or our history and no one wanted to see it destroyed. By selling the post office, we can make sure this wonderful structure is around for many generations to enjoy."

Cainiao and United States Postal Service Sign Memorandum of Understanding to Increase Cross-Border Logistics Services

Cainiao and the United States Postal Service signed a Memorandum of Understanding (MoU) to develop new international shipping solutions and enhance the logistics-service experience for both sellers and buyers involved in cross-border e-commerce. Through the MOU, Cainiao and the USPS agreed to work together to speed delivery of merchandise sold through AliExpress to consumers in the United States. The USPS will also collaborate with Cainiao to help expand the latter’s delivery networks worldwide, especially in South America. In cross-border e-commerce, online shoppers purchase goods directly from overseas merchants and manufacturers who ship their orders directly to consumers’ homes. The global B2C cross-border e-commerce market is expected to grow from $230 billion in 2014 to $1 trillion in 2020, according to a report from global consulting firm Accenture and AliResearch, Alibaba Group’s research arm. The collaboration between Cainiao and the USPS seeks to capitalize on growing opportunities in cross-border e-commerce between China and America by making it easier and more efficient for Chinese companies to sell and deliver goods directly to U.S. consumers. The collaboration is a key component of Alibaba’s globalization strategy and ambition to provide high quality e-commerce services to consumers across the globe. Cainiao will leverage the unique geographical advantages of USPS’s services as well as its own intelligent network in order to expand its footprint in South America and beyond. To foster the development of cross-border e-commerce by reducing delivery times for international parcel shipments, Alibaba Group and its affiliates are working with other national mail carriers including Singapore Post and Spanish Post.

U.S. Postal Service to Relocate and Expand Watford City Post Office

U.S. Postal Service (USPS) will relocate and expand the Watford City Post Office to better meet the needs of the growing community. The new facility, which will be more than 7,000 square feet, will be located within city limits and will include three retail windows and 2,965 Post Office Boxes. Hoeven has been working with postal officials on an ongoing basis to improve service to the rapidly growing western part of the state. USPS has not yet established a timeline for the relocation or determined a specific site for the expanded post office. Services at the current facility will remain the same until the new post office opens.

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