The number of Postal Service patents has grown significantly in the past few decades, as have the patents for rival carriers FedEx and UPS. When compared to other industries, such as information technology and wireless communications, the Postal Service has not significantly leveraged its intellectual property or fully recognized the potential financial and strategic value of these assets. If the Postal Service considered the commercial significance of each of its patents and licensed its intellectual property, it might find a valuable source of significant revenue.
It takes a lot of vehicles to move 154 billion pieces of mail each year. And a lot of fuel to power those vehicles.
While the Postal Service’s Postal Vehicle Services (PVS) fleet is a small part of the entire fleet — about 4,300 vehicles made up of cargo vans, tractors, and smaller...Read More