Future of U.S. Postal Service | Quantumrun

Future of U.S. Postal Service

The United States Postal Service (USPS; also known as the U.S. Mail, Postal Service, or Post Office) is an independent agency of the United States federal government engaged in providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution.

The U.S. Mail traces its origins to 1775 during the 2nd Continental Congress, where Benjamin Franklin was appointed the 1st postmaster general. The Post Office Department was formed in 1792 from Franklin's operation, raised to a cabinet-level department in 1872, and converted in 1971 into the U.S. Postal Service as an agency of the U.S. government.

The USPS is the administrator of the biggest civilian vehicle fleet in the globe. The USPS is legally bound to serve all Americans, regardless of geography, at uniform price and quality.

Home Country: 
United States
Industry: 
Mail, Package, and Freight Delivery
Industry vulnerability to disruption: 

<p>Belonging to the transportation and logistics/shipping sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, autonomous vehicles in the form of trucks, trains, planes, and cargo ships will revolutionize the logistics industry, allowing cargo to be delivered faster, more efficiently, and more economically.<br />
*This automation will be vital to accommodate the growth in regional and international shipping driven by the economic growth projected for the African and Asian continents—projections that are themselves spurred by their massive population and internet penetration growth forecasts.<br />
*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft. This shift will lead to significant fuel cost savings for short haul, commercial airlines.<br />
*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.<br />
*Throughout the 2020s, as the e-commerce industry continues to grow in developed and developing countries, postal and shipping services will flourish, less to deliver mail and more to deliver purchased goods.<br />
*RFID tags, a technology used to track physical goods remotely since the 80s, will finally lose their cost and technology limitations. As a result, manufacturers, wholesalers, and retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. Thus, RFID tags, when coupled with the Internet of Things (IoT), will become an enabling technology, enabling the enhanced inventory awareness that will result in significant new investment in the logistics sector.</p>

Total patents held: 
291
Number of patents field last year: 
1
Ranking List: 
750
Ranking List: 
2017 Quantumrun Global 1000
489
Ranking List: 
2017 Quantumrun US 500
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Prod/Serv name revenue: 
Prod/Serv name: 
First-class mail
Prod/Serv revenue: 
27496000000
Prod/Serv name: 
Standard mail
Prod/Serv revenue: 
17622000000
Prod/Serv name: 
Shipping and packages services
Prod/Serv revenue: 
17425000000
Founded: 
1775
Company Name: 
U.S. Postal Service
Revenue: 
71498000000
3y average revenue: 
69418666667
Operating expenses: 
76899000000
3y average expenses: 
74634333333
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
574349
Funds in reserve: 
8077000000
create term: 
#750 | 2017 Quantumrun Global 1000
#489 | 2017 Quantumrun US 500

The United States Postal Service (USPS; also known as the U.S. Mail, Postal Service, or Post Office) is an independent agency of the United States federal government engaged in providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution.

The U.S. Mail traces its origins to 1775 during the 2nd Continental Congress, where Benjamin Franklin was appointed the 1st postmaster general. The Post Office Department was formed in 1792 from Franklin's operation, raised to a cabinet-level department in 1872, and converted in 1971 into the U.S. Postal Service as an agency of the U.S. government.

The USPS is the administrator of the biggest civilian vehicle fleet in the globe. The USPS is legally bound to serve all Americans, regardless of geography, at uniform price and quality.

Home country:
United States
Sector:
Transportation
Industry:
Mail, Package, and Freight Delivery
Founded:
1775
Global employee count:
574,349

Financial Health

Revenue
$71,498,000,000 USD
3y average revenue
$69,418,666,667 USD
Operating expenses
$76,899,000,000 USD
3y average expenses
$74,634,333,333 USD
Funds in reserve
$8,077,000,000 USD

Asset Performance

#1 Product/Service/Dept. name
First-class mail
#1 Product/Service revenue
$27,496,000,000 USD
#2 Product/Service/Dept. name
Standard mail
#2 Product/Service revenue
$17,622,000,000 USD
#3 Product/Service/Dept. name
Shipping and packages services
#3 Product/Service revenue
$17,425,000,000 USD

Innovation assets and Pipeline

Total patents held
291
Number of patents field last year
1
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the transportation and logistics/shipping sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, autonomous vehicles in the form of trucks, trains, planes, and cargo ships will revolutionize the logistics industry, allowing cargo to be delivered faster, more efficiently, and more economically.

*This automation will be vital to accommodate the growth in regional and international shipping driven by the economic growth projected for the African and Asian continents—projections that are themselves spurred by their massive population and internet penetration growth forecasts.

*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft. This shift will lead to significant fuel cost savings for short haul, commercial airlines.

*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.

*Throughout the 2020s, as the e-commerce industry continues to grow in developed and developing countries, postal and shipping services will flourish, less to deliver mail and more to deliver purchased goods.

*RFID tags, a technology used to track physical goods remotely since the 80s, will finally lose their cost and technology limitations. As a result, manufacturers, wholesalers, and retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. Thus, RFID tags, when coupled with the Internet of Things (IoT), will become an enabling technology, enabling the enhanced inventory awareness that will result in significant new investment in the logistics sector.