Us Postal Service Review

The Post Office Department officially became the United States postal helping on July 1, 1971. At that time it became an free-living origination 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, tho with the benefit of the official mail monopoly that was established under the nonpublic Express Statutes in 1792. Package delivery and express operate do not fall under this law, making it executable 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 shew in Section 101(a) of Title 39 of the U.S. Code, also cognise as the Postal Reorganization Act:
The Postal Service shall have as its basic function the obligation to declare oneself postal services to bind the Nation together by means of 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 popular, the deputy postmaster general and nine governors who are appointed by the president (with the advice and assent of the Senate). The USPS competes for business in the communications, distribution, delivery, advertising and retail markets.
2010 Operating tax income of $67.1 billion in 2010 (declined $1 billion from 2009, primarily due(p) to lower volume);
Operating expenses for 2010 of approximately $70 billion (excluding a $5.5 billion expense for pre-funding Retiree Health Benefits
Net deviation of $8.5 billion in 2010, as a result of the taxation decline and additional expenses in 2010 associated with RHB pre-funding ($5.5 billion).
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