The US Postal Service’s 160 Million Mailboxes

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
The US Postal Service’s 160 Million Mailboxes

© kirill4mula / Getty Images

The U.S. Postal Service’s delivery network has 159.9 million mailboxes, P.O. boxes and “other points of delivery,” according to Pew Research. The figure shows why the USPS is badly managed and the source of possible changes.
[in-text-ad]
America has about 120 million households, according to the Census Bureau. USPS delivery places outnumber those by 40 million. Business addresses may make up part of that. However, the ratio means the USPS delivery system is not likely to be efficient.
[nativounit]
The number of delivery points is part of the overbuilt systems on which the USPS works. This includes over 32,000 post offices, 700,000 workers and six-day-a-week delivery. It may be the least streamlined large business operation in America. And no significant effort is underway to solve this (although USPS does have a disjointed program for improvements called the “Delivering for America: Our Vision and Ten-Year Plan to Achieve Financial Sustainability”).

The streamlining of the USPS does not need to be so difficult. Six-day-a-week mail delivery is unnecessary. Email and fax communications undercut that needed years ago. Because of broadband, emails can carry large attachments that once had to be delivered as packages.
[wallst_email_signup]
Many of the USPS’s 32,000 post offices are in cities with only a few thousand residents. Hundreds of these can be closed without a major change to service or efficiency. Note that few members of Congress want post offices in their districts shuttered.
[recirclink id=1186823]
Years from now, management experts will look back on the changes in the USPS during the first two decades of the 21st century. They will see that, despite technological advances, it changed little from the past few years of the 20th century. Those 160 million points of delivery were always too many.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618