U.S. Postal Service Chief Tells Senate Customers Come First
"We don't want to be a burden to the American taxpayer, and the POST Act helps ensure that won't happen," Donahoe said.
Looking ahead, he told the subcommittee "My personal vision is that of a profitable, nimble Postal Service that competes for customers and has a well defined and valued role in an increasingly digital world. Part of that vision is to ensure the Postal Service will always be a resource to every American business and be valued and trusted as every American residence." He concluded, "Our goal is to remain viable for a long time (and with the help of the Congress), we will be able to do just that."
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Contact: Gerald McKiernan
(O) 202-268-2599 (C) 202-285-3386
Release No. 10-117
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A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations. With 32,000 retail locations and the most frequently visited website in the federal government, usps.com, the Postal Service has annual revenue of more than $67 billion and delivers nearly 40 percent of the world's mail. If it were a private sector company, the U.S. Postal Service would rank 29th in the 2010 Fortune 500. Black Enterprise and Hispanic Business magazines ranked the Postal Service as a leader in workforce diversity. The Postal Service has been named the Most Trusted Government Agency six consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute.