United States Postal Service 2000 Annual Report  Go to the Previous Section  Go to the Previous Page  Go to the Next Page  Go to the Next Section  Quick Find Index

 
Table of Contents

How to Read Our Annual Report

2000 Highlights

Letter from the Postmaster General/CEO

2000 Year in Review

Delivering the Future

The Governors of the Postal Service

Audit Committee

Financial Section

How to Read Our Financial Statements



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2000 Highlights

2000 Annual Report - page 4 of 70

  • Welcoming a new century—bug free. Years of painstaking preparation kept the mail moving and kept financial information and all other key systems intact.

  • Watching our dollars. Despite huge and unanticipated rises in the cost of fuel and some employee benefits, we were able to trim spending by more than $1 billion, bringing us just about to the break-even mark for the year.

  • Delivering record service. External First-Class Mail delivery scores, as recorded by PricewaterhouseCoopers, showed that 94 percent of First-Class Mail destined for next-day delivery received overnight service.

  • Keeping customers satisfied. Customer satisfaction measurements showed that 92 percent of households surveyed had a positive perception of the Postal Service, with almost two out of three rating their satisfaction as “very good” or “excellent.”

  • Securing a safer workplace. The independent Commission on a Safe and Secure Workplace, led by Joseph Califano, found that Postal Service employees were far less likely than others to experience violence on the job. The Commission dismissed the phrase “going postal” as nothing but a “myth.” Ongoing initiatives and implementation of recommendations in the Commission’s report will benefit our employees with an even safer and more secure workplace.

  • Celebrating diversity. Our successful and innovative diversity initiatives were recognized by the Vice President’s Commission on Reinventing Government, which presented us with the prestigious Hammer Award. Echoing this finding, Fortune magazine found the Postal Service to be one of the 10 best workplaces for minority employees.

  • Improving operations. We began deploying state-of-the-art flat-sorting equipment—the AFSM 100—which brings the efficiency, speed and accuracy of automation to the processing of catalogs, newspapers, magazines and larger envelopes. Innovative technology also has boosted the “read” rates of Optical Character Readers by 8 percent, further enhancing the automated processing of letter-size mail.

  • Increasing productivity. Total factor productivity increased a remarkable 2.5 percent from last year’s levels. Our Breakthrough Productivity Initiative, which focuses on operations, transportation, purchasing and administrative efficiencies, will help us to carry this progress into the future.

  • Bringing you the world. We took the first steps in simplifying our international product offerings to make it easier for customers to select the level of service they need: fast, faster or fastest. Of course, there will be economy service, too. Global Express Guaranteed (formerly Priority Mail Global Guaranteed), our premier international expedited service, now offers delivery to 200 countries.

  • Expanding a tradition of trust. Continuing to take advantage of new technology to offer solutions to customer needs, we’ve introduced a suite of electronic services that build on our long tradition of security and trust. USPS eBillPay is a quick, easy and inexpensive way to receive and pay bills—with the click of a mouse. Our Electronic Postmark provides a trusted time and date stamp for electronic communications. And PosteCS offers secure, global electronic courier service for individuals and businesses.

  • Planning for a new tomorrow. Within the context of a radically altered competitive environment and an array of new communication technologies, we worked with Congress as it continued consideration of legislation that would provide a new regulatory model for the Postal Service.

  • Keeping up with you. We’ve added the equivalent of a city the size of Chicago to our delivery network, expanding to accommodate an ever-growing nation.

  • Winning the race. Lance Armstrong and the USPS Pro Cycling Team made the Tour de France their Tour de Force, chalking up their second consecutive win in the world’s most challenging cycling event.



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  • Female letter carrier

    EXFC externally measuers collection box to mailbox delivery performance. EXFC continuously tests a panel of 463 ZIP Code areas on the basis of geographic and volume density from which 90 percent of First-Class volume originates and 80 percent destinates. EXFC is not a system-wide measurement of all First-Class Mail performance.

     
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    The Colosseum in Rome