Premium Essay

Us Postal Service Review

In: Business and Management

Submitted By Qwertyjoe11
Words 586
Pages 3
The Post Office Department officially became the United States Postal Service on July 1, 1971. At that time it became an independent establishment of the executive branch of the government of the United States rather than a part of the cabinet. It began operating more like a corporation, but with the benefit of the official mail monopoly that was established under the Private Express Statutes in 1792. Package delivery and express services do not fall under this law, making it possible for other companies to offer those services.
The United States Postal Service is an independent establishment of the Executive Branch of the Government of the United States and operates in a business-like way. Its mission statement can be found in Section 101(a) of Title 39 of the U.S. Code, also known as the Postal Reorganization Act:
The Postal Service shall have as its basic function the obligation to provide postal services to bind the Nation together through the personal, educational, literary, and business correspondence of the people. It shall provide prompt, reliable, and efficient services to patrons in all areas and shall render postal services to all communities.
The Postal Service relies on the sale of postage, products and services to fund its operations. It is governed by a board of governors made up of the postmaster general, the deputy postmaster general and nine governors who are appointed by the president (with the advice and consent of the Senate). The USPS competes for business in the communications, distribution, delivery, advertising and retail markets.
• 2010 Operating revenue of $67.1 billion in 2010 (declined $1 billion from 2009, primarily due to lower volume);
• Operating expenses for 2010 of approximately $70 billion (excluding a $5.5 billion expense for pre-funding Retiree Health Benefits
• Net loss of $8.5 billion in 2010, as a result of the revenue

Similar Documents

Premium Essay

Unites States Postal Service Case Study

...INTRODUCTION Background of the Case Study of the UNITES STATES POSTAL SERVICE The evolution of the United States Postal Service is interlaced with the history of our federal government. Today, the Postal Service is the second largest civilian employer in the United States. It has over 700,000 employees, affects an economy that employs 9 million people and represents 8% of the United States gross domestic product in a $900 billion mailing industry (United States Postal Service [USPS], 2002b). This organization reaches every United States household and its operations are often perceived as an indication of the efficiency of the entire federal government as a whole. After the historic gridlock of the Chicago Post Office in 1966, Postmaster General Lawrence O’Brien sought the political support of President Johnson for systemic change in the organization. President Johnson formed a “blue ribbon” commission of well-known business leaders and academia’s to study the Post Office Department. Their mission was to recommend how to change the Post Office Department and to also describe the best governmental organization model for its function. The President’s Commission on Postal Organization (Commonly called the Kappel Commission after its Chairman) presented the President with a plan in 1968, which lead to congressional testimony, but legislative action did not soon follow. Various factions, including the strong postal unions representing 740,000 votes, opposed the government corporation...

Words: 1530 - Pages: 7

Premium Essay

Journal of International Commercial Law and Technology

...Issue 1(2007) The Postal Acceptance Rule in the Digital Age∗ Dr. Marwan Al Ibrahim Asst. Professor in commercial and Company law, Amman Arab University for graduate studies – Jordan Dr.Ala’eldin Ababneh Assistant Professor in Private Law at Amman Arab University for Graduate Studies-Jordan. Mr. Hisham Tahat PHD student, University of Aberdeen Abstract: This article examines the application of the postal acceptance rule to email acceptances. Different views have been argued against the application of traditional rule like the postal acceptance rule, which was established in 1818 as a legal norm in contract formation to modern communications like the email. The paper presents the arguments and rationale behind the application of this rule and contends its applicability to the modern communication via e-mail. The paper posits that email is not an instantaneous method of communication, but can be viewed as a digital version of the normal post and thus the postal acceptance rule should apply to this kind of contracting. Keywords: E-commerce, Email, Contract law, Conclusion of Contract, Postal Acceptance Rule. 1. Introduction The conclusion of distance contracts has been one of the controversial issues in the law of contract formation. It raises some question marks, especially with regard to the type of rules that should govern the timing of contract formation. More specifically, a strong debate has been emerged recently as to whether the postal acceptance rule may apply...

Words: 5565 - Pages: 23

Premium Essay

Postal Rule

...Issue 1(2007) The Postal Acceptance Rule in the Digital Age∗ Dr. Marwan Al Ibrahim Asst. Professor in commercial and Company law, Amman Arab University for graduate studies – Jordan Dr.Ala’eldin Ababneh Assistant Professor in Private Law at Amman Arab University for Graduate Studies-Jordan. Mr. Hisham Tahat PHD student, University of Aberdeen Abstract: This article examines the application of the postal acceptance rule to email acceptances. Different views have been argued against the application of traditional rule like the postal acceptance rule, which was established in 1818 as a legal norm in contract formation to modern communications like the email. The paper presents the arguments and rationale behind the application of this rule and contends its applicability to the modern communication via e-mail. The paper posits that email is not an instantaneous method of communication, but can be viewed as a digital version of the normal post and thus the postal acceptance rule should apply to this kind of contracting. Keywords: E-commerce, Email, Contract law, Conclusion of Contract, Postal Acceptance Rule. 1. Introduction The conclusion of distance contracts has been one of the controversial issues in the law of contract formation. It raises some question marks, especially with regard to the type of rules that should govern the timing of contract formation. More specifically, a strong debate has been emerged recently as to whether the postal acceptance rule may apply...

Words: 5565 - Pages: 23

Premium Essay

China Post

...have been fully identified and properly acknowledged as required.   ACKNOWLEDGEMENTS I would like to thank my supervisors for their invaluable support, comments and suggestions in the first year of my doctorial studies. This dissertation benefits tremendously from their combined input.   ABSTRACT In an ecommerce industry third party logistics have taken control and charge of the industry. Third party logistics have taken complete control of the logistic design; logistic deliver, transportation and storage in a supply chain with the professional and complete value added services and delivery of goods and services. According to a study third party logistic is a set of basically a relationship between buyers, sellers and logistic service providers in the supply chain. They provide a clear between third party logistics providers and the service providers. As per the research the term logistic service provider has been used as the interchangeable denote for the external suppliers that have been performing a part of logistic function within a company. The relationship between third party logistic companies and ecommerce has been a force which has driven the company towards constant growth and success of the various companies in the electronic commerce industry. The research study indicates that the impact or the importance of third party logistic companies has been of great support to the ecommerce industry. Along with this, many research studies have indicated that with the...

Words: 15353 - Pages: 62

Premium Essay

Fedex Comparison

...(FedEx) is a US based company mainly engaged in offering logistics solutions. The company, through its subsidiaries, provides transportation, e-commerce and business services under the FedEx brand. The major benefit of using the company is its ability to provide “day-certain” service to every business address in the US and Canada, as well as provide “time-certain” delivery to those areas within one to three business days. The company was founded in 1973 by Frederick W. Smith, whose vision was to provide overnight delivery services for his clients. The company is divided into eight major divisions: [pic] The mission of FedEx is to provide superior financial returns for shareowners by providing high value-added supply chain, transportation, business and related information services through focused operating companies. Customer needs will be met in the highest quality manner appropriate to each market segment served. FedEx strives to develop gratifying relationships with its employees, partners and suppliers. Safety will be the first consideration in all operations and all activities will be conducted to the highest ethical and professional standards (FedEx Corporation – Financial and Strategic Analysis Review, 2011). FedEx’s vision is a world where goods and information move quickly and seamlessly. The company’s goal is to connect the world in such a way that consumers will view them as a provider of convenient, reliable, trustworthy and fast service. The...

Words: 5118 - Pages: 21

Free Essay

Small Business Commision Recommendations for Small Business Growth and Job Creation

...Privatization of Many Federal Services and Government Worker Pay Reductions: A recent report conducted by the Government Accountability Office (GAO) regarding duplicative federal programs found what we have all known for some time to be excruciatingly true. The national government and current $3.8 trillion federal budget are filled with duplicated, overlapping programs and agencies. Here are just a few of the many examples. The federal government runs 80 economic development programs across 4 different agencies at a cost of $6.5 billion dollars. When asked these economic development programs could show little, if any evidence of factual results and/or verifiable signs of actual economic development. The federal government runs 20 agencies operating 56 programs dedicated to financial literacy. When asked for actual numbers reflecting the operational costs of these programs the GAO was unable to estimate the cost based on the limited information provided. Sen Tom Coburn (R-OK) made this statement in regards to the GAO report. “This report confirms what most Americans assume about their government. We are spending trillions of dollars every year and nobody knows what we are doing. The executive branch doesn’t know. The congressional branch doesn’t know. Nobody knows. This report also shows we could save taxpayers hundreds of billions of dollars every year without cutting services. In many cases, smart consolidations will improve service.” The GAO did not provide...

Words: 2436 - Pages: 10

Free Essay

Standars

...principles of professional conduct and rules of conduct. The principles of professional conduct provide the framework for the rules of conduct. The framework for the Code of Professional Conduct includes six fundamental ethical principles. The first two principles mention about a CPA’s responsibilities to exercise professional and moral judgment in a manner that serves the public interest. The third and fourth principles require CPA maintain integrity and objectivity. According to the fifth principle, the CPA needs to perform his or her professional responsibilities with diligence and competence. Finally, the last principle requires that the CPA should observe the principles of code of professional conduct in determining the scope and nature of services. Rules of conduct are more specifically enforceable than principles of professional conduct. The rules are grouped in five categories: Section 100 - Independence, Integrity and Objectivity Section 200 - General Standards Accounting Principles Section 300 - Responsibilities to Clients Section 400 - Responsibilities to Colleagues Section 500 - Other Responsibilities and Practices b. Refer to the IMA Statement of Ethical Professional Practice. Describe how this case presents a conflict between Confidentiality and Integrity. According the IMA Statement of Ethical Professional Practice, each member has responsibility maintain confidentiality, integrity and credibility. In this case, George faces a conflict between confidentiality...

Words: 1309 - Pages: 6

Free Essay

Medical Papers

...to and authorize USHW to obtain a specimen of my urine, blood, saliva, breath, hair and/or other specimen, to determine the presence of drugs and/or alcohol. I understand that certain special medical exams such as physical exams (e.g. fitness for duty, school or sports) and other services are not intended to diagnose medical conditions, determine treatment needs, or replace the medical care of my personal physician. CONSENT TO USE AND DISCLOSE INFORMATION / RECEIPT OF NOTICE OF PRIVACY PRACTICES I understand that USHW desires that I be fully informed about how my protected health information will be used and disclosed. I acknowledge that I have reviewed or have been given an opportunity to review the USHW Notice of Privacy Practices. I may ask for a copy of the notice or can view it electronically at http://www.ushealthworks.com. I acknowledge that I understand how my information will be used and disclosed, and give my voluntary consent to USHW to use and disclose my protected health information for reasons as allowed or required as explained in the Notice. ASSIGNMENT OF BENEFITS / FINANCIAL RESPONSIBILITY AGREEMENT • If applicable, where I have insurance coverage to pay for services rendered, I hereby...

Words: 1605 - Pages: 7

Free Essay

Anthrax Letters

...September 11 attacks occurred. “From mid-September to November 2001, a number of anthrax-laced letters were mailed to news media offices on the U.S. east coast and to the U.S. Congress. A total of 22 individuals contracted either cutaneous anthrax (11 cases) or inhalation anthrax (11 cases), and 5 died (all from inhalation anthrax). Anthrax cases included individuals at targeted locations (9 cases), postal service employees (9 cases), individuals who handle cross-contaminated mail (2 cases), and individuals with unpinpointed exposures (2 cases). An additional case of cutaneous anthrax occurred in March 2002 due to laboratory exposure to collected samples.” (Johnson, 2005. P.1). One of the first victims of the anthrax letters was Robert Stevens who worked at the Sun he died four days after getting exposed to the anthrax, he went to a hospital with unknown symptoms that included vomiting and shortness of breath. Two other letters where sent to Senators Tom Daschle and Patrick Leahy. The letter that went to Daschle was opened by an aid and after opening it the government postal service was closed. The other letter addressed to Leahy was never opened and it was found in an impounded mail bag around November. One of the reasons the letter took so long to find was that its zip code was misread but even with the misdirection the letter still contaminated David Hose through inhalation anthrax. Other letters where sent to ABC, CBS, New York Post and the National Enquirer in...

Words: 538 - Pages: 3

Premium Essay

Beats

...Citizenship: Yes, American Citizen Special Hiring Authority: 10 point Veteran preference Federal Experience: Yes, United States Air Force Logistic Service Technician for Inventory Management Clearance: Secret Security Clearance (Inactive) Objective To obtain a full time position in public service with Defense Contract Management Agency as Supply Management Specialist for job announcement number SWH89Y141405261194735D Education University of Phoenix [2011-2014] Currently attending the University of Phoenix to obtain a Bachelors degree in Business Management. Skills Focused and highly motivated Logistic Inventory Management Specialist professional, with 9 + years of extensive experience in medical, dental, surgical, environmental management, distribution, engineering, and other miscellaneous Logistic Inventory Management duties. Utilizing my background in Logistic Inventory Management, coordinating, purchasing, distributing, and receiving supplies to develop comprehensive programs based on the mission of the agency. Deploying Inventory Management based solutions and maximizing our stock levels for budgeting requirements. I’m an innovative and energetic team player, relationship builder, and highly effective communicator. * As Inventory Management Specialist I trained a staff of 10+ internal and external personnel on analyzing stock levels. This led to a 70% reduction in Inventory violations and improved the overall atmosphere in the...

Words: 1125 - Pages: 5

Free Essay

Strategic Management

...Best Western enters Myanmar Best Western International (BWI), the U.S.-based global hotel chain, has opened its first hotel in Myanmar, the Best Western Green Hill Hotel in Yangon, company sources say. BWI becomes the first U.S. hotel company to establish a presence in Myanmar, following the recent political and economic reforms enacted by the Thein Sein administration that have drawn foreign investors’ interest. The hotel is situated in the heart of Yangon, just 15 minutes’ drive from the Shwedagon Pagoda. It has 189 air-conditioned rooms featuring 32-inch flat-screen televisions with international satellite channels, bathrooms with bathtubs and showers, and complimentary Wi-Fi. It also offers three meeting rooms offering more than 200 square metres of functioning space for business people. There is also a restaurant that serves a selection of Chinese, Asian and international cuisine. “The launch of Best Western International’s first hotel in Myanmar means the company now has a presence in nine ASEAN countries. Best Western International is planning to announce further developments in Myanmar in the near future,” BWI said in a statement. Next year the company will launch its first hotel in the country’s capital, Nay Pyi Taw, the statement said. “There is no doubt that Myanmar is one of the world’s hottest hotel markets at present, with a major increase in new hotel supply needed to cater for a huge influx of guests. So it is vital that hotel owners in the...

Words: 2373 - Pages: 10

Premium Essay

Sr Cuban

...BUSINESS IMPACT ANALYSIS LESSONS LEARNED Robert L. Moisoff, MBCP CPAC Nov 30 / Dec 1, 2006 BIA Lessons Learned • • • • • • • • • • • Good Examples Anticipated Adjustments Custom Tailoring Design Philosophical Conflict Resolution Rollout Walkthrough User Handholding Draft Reviews and Adjustments Drop Dead Date Missed Delivery Deadlines Summary Conclusions Next Steps BIA Lessons Learned BIA DEFINED o Process of determining the impact on an organization should a potential loss identified by the risk analysis actually occur. The Business Impact Analysis (BIA) should quantify, where possible, the loss impact from both a business interruption (number of days) and a financial standpoint. 1999 DRII BIA Lessons Learned ANOTHER BIA DEFINITION o Identifies the impacts resulting from disruptions and disaster scenarios that can affect the organization and techniques that can be used to quantify and qualify such impacts. Establishes critical functions, their recovery priorities, and interdependencies so that recovery time objective(s) and recovery point objective(s) can be set.* *BIA standards & definition currently being revised by DRII committee 1.5 2004 DRII BIA Lessons Learned ANOTHER BIA DEFINITION o Process designed to identify critical business functions and workflow, determine the qualitative and quantitative impacts of a disruption, and to prioritize and establish recovery time objectives. DRJ BC Glossary RLM 06/20/06 BIA Lessons Learned ...

Words: 3094 - Pages: 13

Free Essay

Information Technologies

...RDAY TO THE FUTUR E True to our commitment to continuously provide excellent service and compelling value propositions to our customers, we at Pos Malaysia are going through rapid changes. We are realigning our priorities, focusing our efforts on improving our operations and becoming more customer-oriented than ever. We believe that the strategic transformation we manage today, is not only for us to become relevant and sustainable tomorrow, but most importantly it will deliver superior shareholder value to you. As always. Profitability Profit before tax Operating margin EBITDA margin Return on assets Return on equity Balance Sheet Total assets Total equity attributable to equity holders of the company Current ratio Staff Information No. of staff Staff costs to revenue Revenue per employee % RM’000 RM million RM million times RM million % % % % 2010 99.1 10.4 16.0 8.0 8.1 2009 109.3 9.1 14.5 5.9 9.6 2008 (0.5) 9.4 13.7 6.2 (4.4) 2007 15.5 11.8 16.9 7.9 (3.9) 2006 155.9 13.2 18.0 8.1 11.5 1,375.2 828.6 1.4 1,274.6 799.6 1.2 1,537.8 764.5 1.1 1,247.1 859.4 1.3 1,326.0 938.0 2.2 15,618 55.1 65.0 15,780 56.8 57.2 16,125 55.7 57.2 15,777 53.1 54.5 15,425 52.2 53.2 2 Pos Malaysia Annual Report 2010 Group Financial Highlights Pos Malaysia Annual Report 2010 3 4 Pos Malaysia Annual Report 2010 Business Highlights BUSINESS REVIEW • Revenue : RM624.3 million (up 17.0%) 2010 ACCOMPLISHMENTS • Successfully...

Words: 50839 - Pages: 204

Free Essay

Former Employee's Constructive Discharge Claim

...June 19, 2014 From: Mark Jackson Manager, Elementary Division To: The CEO Subject: Former Employee's Constructive Discharge Claim ______________________________________________________________________ I received notified from the company’s attorney about a former employee who filed a claim against the company citing constructive discharge under Title VII of the Civil Rights Act of 1964. Findings: What is constructive discharge and how is it relevant to this situation. At the beginning of the New Year, a new shift policy was implemented to keep up with the company growth. We required employees in the production group to work 12-hour shifts with 4 days off in a rotating shift, which means some of those working days may fall into the employee’s religious holy day. The former employee quit after this implementation. The former employee is claiming a constructive discharge. Constructive discharge is a discriminatory practice where an employee is forced to resign because of perceived an intolerable work environment, courts usually agree to the employee if they determine that a reasonable person would also feel same in the same position (Paul, 2002). Courts also require employees that are filing under constructive discharge to show that the employee as created intolerable working condition with the intent of forcing resignation was deliberate (Paul, 2002). It is the responsibility of our former employee...

Words: 1533 - Pages: 7

Premium Essay

Global Strategy and Leadership 2012 Semester 2

...Exchange and became a powerhouse in the photography industry. The company led the way as an innovator, launching a large range of new products and processes to make photography simpler, more useful and more enjoyable. With the rapid growth of digital photography, competition against its product and being slow to embrace the move to digital technology Kodak has fallen on hard times. In January 2012, Kodak and its US subsidiaries filed voluntary petitions for Chapter 11 business reorganisation1 in the US Bankruptcy Court for the Southern District of New York. A company spokesperson said the aim of the business reorganisation was to enable Kodak to bolster liquidity, sell off nonstrategic intellectual property, and enable the company to focus on the most valuable business lines. The process will allow Kodak to continue normal business operations while it attempts to emerge a profitable and sustainable enterprise2. Kodak: Snapshot of an innovative icon slow to move with the times In filing for bankruptcy protection, Kodak executives say they are seeking to follow the path of US corporations that have reinvented themselves after a court-supervised reorganisation, like United Airlines and Chrysler. Antonio Perez, the company’s oft-criticised chief executive who has been trying to turn the company around...

Words: 10728 - Pages: 43