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
Quick
Find index
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2000 Annual
Report - page 40 of 70
Vehicles
We will invest $1.2 billion, or 7% of the five-year capital
plan, in vehicles, including mixed delivery and collection
vehicles, cargo vans and carrier route vans. Our award-winning
alternate fuel program requires continual funding to comply
with federal, state and local transportation regulations.
For 2001, we will invest $335 million in new vehicles.
Retail
We will invest $791 million of our five-year capital plan
to improve our retail services. Of this amount, we will invest
$693 million to purchase and install 31,200 retail terminals
in 9,500 facilities as part of the Point-of-Service (POS)
ONE system. When completed, this new retail system will consist
of 77,000 terminals in 20,000 retail facilities and will deliver
quicker, more efficient consumer transactions while providing
management with the information it needs to better serve our
retail customers. We will also invest $41 million in our new
automated postal centers that will provide our most popular
services and products in completely automated facilities.
In addition, we will purchase 1,000 new postal booklet stamp
vending machines and 3,750 new stamp vending machines with
debit and credit payment capability. For 2001, we will spend
$236 million on our retail capabilities.
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We are a labor-intensive business. So, the more we can invest
in labor-saving equipment the better we can increase our efficiency,
as well as improve our service and provide a safer working
environment for our employees. Here are some of the investments
we are making in innovative technology to provide the best
possible service at the lowest possible cost, now and in the
future.
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ESTIMATED NEW EQUIPMENT SAVINGS ANALYSIS |
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Name |
Description
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Estimated
Return on
Investment
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Estimated
10-Year
Net Savings
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Delivery
Bar Code Sorter
Additional Capicity |
This
upgrade module is added to existing machines so that mail that
is now processed by hand can be processed by machine, and so
that the machine can process more mail in fewer steps.
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30.6%
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$872.4 million
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Delivery
Bar Code Sorter
Output Subsystem |
This
upgrade module is added to existing machines so that mail that
is now processed by hand can be processed by machine, and so
that the machine can process more mail in fewer steps.
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21.5%
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$108.5 million
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Delivery
Bar Code Sorter
Phase V |
This
kit is added to the Delivery Bar Code Sorter so it can work
with the Tray Management System, thus allowing the two systems
to work together to process more mail automatically.
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15.5%
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$264.0 million
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Flat
Sorting Machines,
Bar Code Reader |
This
upgrade module provides the Flat Mail Sorters with the capability
to track individual mail pieces electronically, so customers
can learn the status of delivered mail.
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20.0%
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$88.9 million
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Identification
Code Sort |
This
upgrade module makes it possible for mail with unreadable bar
codes to stay in the automated mail stream, so that it's not
rejected and then processed by hand.
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31.0%
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$207.0 million
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Small
Parcel and Bundle Sorters |
Our
next generation of this machine will automate both the feeding
and sweeping functions, thus processing more mail in fewer work
hours. The machine will also be equipped with improved optical
character readers and bar code readers and provide a larger
number of sortation bins without taking up more space. This
combination of improvements will lead to faster processing time
and improved accuracy.
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25.9%
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$136.9 million
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