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The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
The Postal Reorganization Act of 1970 was a law passed by the United States Congress that abolished the then U.S. Post Office Department, which was a part of the Cabinet, and created the U.S. Postal Service, a corporation-like independent agency authorized by the U.S. government as an official service for the delivery of mail in the United States.
Domestic air mail became obsolete in 1975, and international air mail in 1995, when the USPS began transporting First-Class mail by air on a routine basis. Mail truck loaded with gold leaving the New York City Assay Office in 1941. The Post Office was the first federal government departments to regulate obscene materials on a national basis.
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Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee benefits as stipulated in PAEA. [14]
USPS had a contract with FedEx for domestic air transportation services, but it expired on Sept. 29, 2024. The government agency later chose UPS for its new air cargo contract.
The planned changes come after the USPS did a review of the El Paso facility as part of the quasi-government corporation’s 10-year strategic plan to modernize the nation’s aging postal network.
In 1895 counterfeits of the 2¢ value were discovered, which prompted the BEP to begin printing stamps on watermarked paper for the first time in U.S. postal history. The watermarks imbedded the logo U S P S into the paper in double-lined letters.