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November 27, 2015 11:22 PM 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

492,000 Employees





Key Executives for United States Postal Service

Chief Executive Officer, Postmaster General and Governor
Age: 53
Chief Financial Officer and Executive Vice President
Age: 56
Chief Operating Officer and Executive Vice President
Age: 50
Executive Vice President and General Counsel
Age: 53
Acting Chief Marketing & Sales Officer and Executive Vice President
Age: 60
Compensation as of Fiscal Year 2015.

United States Postal Service Key Developments

The U.S. Postal Service Announces Earnings Results for the Year Ended September 30, 2015

The U.S. Postal Service announced earnings results for the year ended September 30, 2015. The company reported a net loss of $5.1 billion for fiscal year 2015 (October 1, 2014 - September 30, 2015). The net loss is largely due to certain statutorily mandated payments over which the Postal Service has no control. Notwithstanding the loss, total revenue was $68.9 billion for the year, an increase of approximately $1.1 billion from 2014. Controllable income for 2015 was $1.2 billion compared to $1.4 billion last year. Controllable income is defined as net loss excluding expenses related to the mandated prefunding of retirement health benefits, actuarial revaluation of retirement liabilities and non-cash workers' compensation adjustments, which are factors largely outside of management's control.

United States Postal Service, 2015 Earnings Call, Nov 13, 2015

United States Postal Service, 2015 Earnings Call, Nov 13, 2015

United States Postal Service, Board Meeting, Nov 13, 2015

United States Postal Service, Board Meeting, Nov 13, 2015., at 08:30 US Eastern Standard Time. Agenda: To consider call to order and remarks of the Vice Chairman of the Board; to consider remarks of the Postmaster General and CEO; to consider approval of prior minutes; to consider Committee reports; to consider fiscal year 2015 10K and Financial Statements; to consider fiscal year; to consider integrated Financial Plan and Borrowing Resolution; to consider fiscal year 2017 Congressional Reimbursement Request; to consider Quarterly Service Performance Report; to consider approval of Annual Report and Comprehensive Statement; to consider tentative agendas for the December 4, 2015 and January 6, 2016 teleconference; to approve election of Chairman and Vice Chairman of the Board of Governors; and to consider adjournment.

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