# USPS **Source:** https://geo.sig.ai/brands/usps **Vertical:** Logistics & Supply Chain **Subcategory:** Postal Service **Tier:** Emerging **Website:** usps.com **Last Updated:** 2026-04-14 ## Summary US federal postal agency delivering to 167M+ addresses with 644,000+ employees; FY2024 shipping/package revenue $32.26B (+2%) with PMG David Steiner appointed July 2025 and $40B Delivering for America modernization plan. ## Company Overview The United States Postal Service (USPS) is a Washington D.C.-based independent agency of the federal executive branch — operating as the only delivery network required by law to serve every address in the United States (167+ million delivery points) at uniform price and quality under the Universal Service Obligation — employing 644,000+ workers as one of the nation's largest employers and generating FY2024 shipping and package revenue of $32.26 billion (+2% year-over-year). USPS is executing the "Delivering for America" 10-year, $40 billion modernization plan: converting 400+ facilities into Sorting and Delivery Centers, deploying 106,000 new vehicles (66,000+ electric), and implementing advanced processing technology to modernize the network. In March 2025, Postmaster General Louis DeJoy (75th PMG) resigned; David Steiner was appointed 76th Postmaster General effective July 15, 2025. USPS traces its origins to 1775 when Benjamin Franklin was appointed the first Postmaster General by the Continental Congress; the modern USPS was established July 1, 1971. USPS's universal service network addresses the last-mile delivery requirement for the 30%+ of American households (rural, remote, and low-density suburban) that private carriers — FedEx, UPS, and Amazon — do not serve economically: private carriers price rural deliveries with surcharges, limit service area coverage, and route packages through USPS final-mile delivery under a workshare arrangement for the rural addresses that don't justify their own delivery stop. USPS's statutory obligation (delivering to every address 6 days a week at the same first-class postage rate regardless of location) provides the universal access that rural businesses, elderly residents receiving mail-order medications, and government agencies depend on. The shift from first-class letter mail (declining as digital communications replace physical mail) to parcel delivery (growing with e-commerce) requires the Delivering for America facility modernization to right-size for package volume rather than letter mail volume. In 2025, USPS competes in the domestic parcel delivery, e-commerce fulfillment, and last-mile delivery market with UPS (NYSE: UPS, $91B revenue), FedEx (NYSE: FDX, $87B revenue), and Amazon Logistics (private, largest US parcel volume) for e-commerce retailer small parcel delivery contracts and government mail service mandates. The Delivering for America plan (targeting financial sustainability through operational efficiency rather than taxpayer subsidy — USPS has received no direct taxpayer appropriations since 1982) is the key strategic initiative that PMG Steiner inherits. USPS's competitive advantage in rural and residential last-mile delivery (the only carrier delivering to all 167M+ addresses daily) makes it an essential partner for e-commerce retailers shipping to ZIP codes where FedEx and UPS add rural surcharges. The 2025 strategy under PMG Steiner focuses on completing Sorting and Delivery Center conversions to improve package processing throughput, accelerating electric vehicle deployment to reduce diesel fuel cost exposure, and growing the USPS Connect e-commerce services for small and medium business shippers. ## Frequently Asked Questions ### How many employees does USPS have? USPS employs more than 644,000 people, making it one of the largest employers in the United States, including over 69,000 veterans. ### Does USPS receive taxpayer funding? No, USPS is self-sustaining and operates solely on revenue from postage and services without taxpayer funding. ### What is the Delivering for America plan? Delivering for America is USPS's 10-year, $40 billion investment strategy to modernize processing, transportation, and delivery networks, including 400 Sorting and Delivery Centers and 66,000+ electric vehicles. ### How many electric vehicles is USPS acquiring? USPS plans to acquire 106,000 new vehicles by 2028, including at least 66,000 battery electric delivery vehicles (45,000 NGDVs and 21,000 commercial EVs), creating one of the nation's largest electric vehicle fleets. ### How many delivery points does USPS serve? USPS delivers to every address in the United States, serving over 167 million delivery points through its universal service obligation. ### What was USPS's revenue in 2024? In fiscal year 2024, USPS generated revenue from shipping and packages of $32.26 billion, an increase of $625 million (2%) from FY2023. ### When did the modern USPS begin operations? The United States Postal Service commenced operations on July 1, 1971, when the Post Office Department was reorganized into an independent agency. ### Who was the first Postmaster General? Benjamin Franklin was appointed by the Continental Congress as the first Postmaster General in 1775, establishing the foundation for today's postal system. ### How did USPS perform during the 2024 election? USPS delivered 98.56% of ballots from voters to Boards of Election within service standards during the 2024 election, with an average delivery time of less than a day. ### What is a Sorting and Delivery Center? Sorting and Delivery Centers (S&DCs) are modernized facilities that combine mail processing and delivery operations for greater efficiency, with USPS converting approximately 400 sites nationwide. ### What is the Next Generation Delivery Vehicle? The NGDV is USPS's new zero-emission electric delivery vehicle designed specifically for postal operations, with 45,000 battery electric NGDVs planned for deployment. ### How diverse is the USPS workforce? USPS has a diverse workforce with approximately 51.5% of employees identifying as Black, Asian, or Hispanic, and employs over 69,000 veterans. ## Tags b2b, b2c, supply-chain, transportation, us-only --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*