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May 05, 2015 10:54 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

488,000 Employees

Phone:

202-268-2000

Fax:

202-268-3488

Key Executives for United States Postal Service

Chief Executive Officer and Postmaster General
Age: 52
Chief Postal Inspector
Chief Financial Officer and Executive Vice President
Age: 55
President of Digital Solutions
Age: 63
Chief Information Officer and Executive Vice President
Age: 59
Compensation as of Fiscal Year 2014.

United States Postal Service Key Developments

United States Postal Service Announces Address Changes

United States Postal Service announced that it change the address from the 1904 building on South Linn Street to its move to the Federal Building on South Clinton Street in the 1970s, the post office has been a fixture in downtown Iowa City's history. That presence will soon change, however, with the U.S. Postal Service set to move its Iowa City office nearly two miles away to a southeast-side shopping center later this month. The post office will move into an approximately 17,000 square foot space in Pepperwood Plaza, 925 Highway 6 E., and will leave behind a 29,300 square-foot space in the Federal Building, 400 S. Clinton St. Before moving to the Federal Building, Iowa City's post office operated for decades out of the historic building at 28 S. Linn St., the current home of the Iowa City/Johnson County Senior Center. The post office's move from the Federal Building has been in the works since 2013, when the USPS first began discussing the need to find a smaller, less-expensive facility. Iowa City officials appealed the decision to relocate away from downtown, but the post office said it was unable to locate a suitable building near the current address. The post office last summer signed a 10-year lease with Pepperwood Plaza, which is owned by SouthGate Companies. A build-out by the USPS in recent months has added truck docks, service bays and fencing.

National Labor Relations Board Issues Complaint against United States Postal Service for Failing to Bargain over and Provide Information to National Rural Letter Carriers’ Association Regarding Massive USPS Data Breach

National Labor Relations Board has issued a complaint against the United States Postal Service alleging that it violated federal labor law by failing to bargain with the National Rural Letter Carriers’ Association and provide information to the NRLCA concerning last year’s massive Postal Service data breach. The complaint, issued on March 31, stems from an unfair labor practice charge filed by the NRLCA on November 19, 2014. As part of its remedy, the NLRB General Counsel is demanding that the Postal Service post notices about the violations and its obligation to follow the law in all post offices with rural letter carriers. Finally, the NLRB General Counsel is demanding that the Postal Service bargain with the NRLCA for a minimum of 15 hours a week until an agreement or lawful impasse is reached or until the parties agree to a respite in bargaining. The NLRB has scheduled a trial in this case on May 20, 2015, before an administrative law judge in Washington, DC.

U.S. Postal Service Plans to Close Akron Mail-Sorting Center

The U.S. Postal Service plans to close an Akron mail-sorting center in mid-April as it consolidates six Ohio operations into two sites in Cleveland and Columbus to cut costs. The closure isn't a surprise. Part of the Akron mail-sorting operation was previously moved to Cleveland with the remainder closing April 18. The Akron post office at that location will remain open.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 2, 2014
Former Union Square Post Office at 237 Washington St.
 

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