The U.S. Postal Service (USPS) has launched a new Global Business group to help mailers expand their international reach through customized international shipping solutions. The Global Business group consolidates all postal international efforts into one unit, including operations, transportation, finance, planning, information technology, account management and postal relations. The consolidation will reportedly make it easier for customers to work with the Postal Service for both inbound and outbound international shipping.
"We deliver nearly half of the world's mail and our international networks reach every country on the globe," said Paul Vogel, USPS global business managing director and senior vp. Vogel added that the U.S. Postal Service will build on its domestic successes in work sharing, discounts and outsourcing and apply them to the international market.
Last year the Postal Service collected, processed and delivered more than 793 million pieces of international mail, generating $1.9 billion in revenue. In total USPS posted annual revenues of $73 billion last year.