United States Postal Service

USPS

By Melissa and Jonathon

Mission

Their mission statement is "Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds"

History

During the late 1600's and early 1700's, many cities created their own postal services to pass on letters to other cities. Mostly slaves and private messengers were mostly the ones to pass the messages on. In 1775, Benjamin Franklin was appointed as the first Postmaster by the Continental Congress. The cabinet-level Post Office Department was created in 1792 from Franklin's operation and has transformed into what is it today in 1971 under the Postal Reorganization Act. The USPS was created because it was used to carry letters on to others.

Head of Department

The head of the USPS is Patrick R. Donahoe. He was appointed on October 25, 2010. His job as the Postmaster General is to lead the postal system and help fight their economic tribulations.
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Budget

The USPS’s assets range around $21.6 billion, but their liabilities exceed 61.5 Billion. The largest portion of their budget goes to employee benefits. The second largest portion goes to paying off their already large debt. The rest goes to the operation of the postal service.

Current Issues

One issue is that the USPS has lost around $5.5 billion in revenue just this year. Today, more people pay their bills online, rather than through the mail, and that is causing the USPS to lose more and more money. Stamped First–Class Mail volume has dropped 53 percent in the last decade.

Another issue is that the USPS has many shipping delays. The entire postal system throughout the country has been slowing down and is about to get worse because there is a new service standard being put into place January 5th.

This is our season - Usps Commercial (2014)