BNET Industries
Last Fiscal Year Sales:$1.0B
- Private
- US
Dow Jones Description
Postmaster General John E. Potter, in testimony today before a House subcommittee, urged lawmakers to provide the Postal Service with greater flexibility with regard to mandated retiree health benefit payments. The Postal Service asked for no financial assistance from Congress. As a result of the economic recession, the Postal Service has predicted that mail volume will likely plunge to 180 billion pieces by the end of fiscal year 2009 (Sept. 31), from 212 billion pieces as recently as 2007. At the hearing, Potter described Postal Service actions to sustain long-term economic viability, including reductions in fixed, variable and non-personnel costs over the next three years. The $900-billion mailing industry employs 9 million Americans in businesses ranging from catalog sales to paper manufacturing and printing. The industry is the conduit for roughly $1 trillion in commerce annually, represents nearly 7.5 percent of the GDP and drives our nation's economy. The Postal Service is at the center of the mailing industry, playing an invaluable role in the United States economy and maintaining an economic presence in every community in America.
Number of Employees 25,000
Contact Information
2 Massachusetts Ave Ne
Washington, District of Columbia 20002-9997
1 202 268 4909
NAICS Code Local Messengers and Local Delivery: 492210
Recent Events
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Soldier's mother sues over letter stamped 'deceased'
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FedEx announces 2010 ground, home delivery rate increase
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Emptoris Awarded Contract From U.S. Postal Service for Sourcing Software
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Washington man sues Postal Service over firing
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UPS announces average rate increases of 4.9% for 2010
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Child Support Company Sued By U.S. Postal Service
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Media Advisory: U.S. Postal Service Unveils Mendez v. Westminster Stamp to Mark Historic Court Cases...
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FedEx extends home delivery service via the Postal Service to all retailers
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Post office outlet finds spot in city
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Mailers Fear New USPS Reform May be Needed
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Caspio Announces Enterprise Agreement with U.S. Postal Service
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About 2,700 have signed petition to save Lantana post office
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Alpine Air Signs $72 Million Contract With USPS
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Alpine Air Signs $72 Million Contract With USPS
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Alpine Air Express: Alpine Air Signs $72 Million Contract With USPS
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SHAPIRO: September brings busy days in Ashland
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Letters to the Editor
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Troux Awarded Contract by U.S. Postal Service for Enterprise Software
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Hundreds of post offices may close, including one in Berkley
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Cockfights thrive as Tennessee traditionEvery state has banned cockfighting as a cruel blood sport.
News & Analysis
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agreement and u.s. postal service - All News and Analysis
Tentative Agreement Reached on City Letter Carriers Contract
- 2007-07-12
To: NATIONAL EDITORSContact: Drew Von Bergen of the National Association of Letter Carriers, +1-202-662-2489, vonbergen@nalc.org WASHINGTON, July 12 /PRNewswire-USNewswire/ -- The National Association of Letter Carriers reached tentative agreement today with the U.S. Postal Service on a new five-year National Agreement for all 222,000 city delivery letter carriers throughout the...
U.S. Postal Service, FedEx Express Sign Agreement for Domestic Air Transportation Through 2013; Contract Expected to Generate about $8 Billion in Revenue
- 2006-08-01
MEMPHIS, Tenn. -- FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and the U.S. Postal Service USPS today announced a new agreement for domestic air transportation of mail through 2013.
Department of Labor and U.S. Postal Service Reach $6.5 Million Back Wage Agreement
- 2006-02-27
WASHINGTON, Feb. 27 /U.S. Newswire/ -- The U.S. Department of Labor has announced an agreement with the U.S. Postal Service USPS that will result in payment of more than $6.5 million in back wages to almost 900 pilots, co-pilots and flight engineers. TWASHINGTON, Feb. 27 /U.S. Newswire/ -- The...
AuthentiDate Announces Further Developments with United States Postal Service
- 2005-10-11
SCHENECTADY, N.Y. -- AuthentiDate Holding Corp. (NASDAQ:ADAT) today announced that it has received a third notice from the United States Postal Service confirming that the Company continues to fail to attain the performance metrics required by the Strategic Alliance Agreement. However, the USPS also stated that it has elected not...
Alpine Air Express and U.S. Postal Service Forge Interim Agreement to Continue Service in Hawaii
- 2005-07-14
PROVO, Utah -- Alpine Aviation Inc., a subsidiary of Alpine Air Express Inc. (OTCBB: ALPE), the third largest regional cargo airline by volume and transportation logistics company in the United States with a fleet of 26 airplanes, announces that effective immediately and continuing at least through Oct. 8, 2005, the...
Navistar Secures Large Order from United States Postal Service
- 2004-04-01
International Truck and Engine Corporation has reached an agreement to deliver more than 1,700 International® 4000 Series medium-duty trucks to the United States Postal Service. Under the terms of the agreement, International will manufacture approximately 1,700 International® 4400 model medium-duty trucks, which will he deployed in 2004 by the USPS...
Lockheed Martin and U.S. postal service reach mfg. agreement.(Manufacturing Update)
- 2004-02-01
The U.S. Postal Service has selected Bethesda, MD-based Lockheed Martin to build 100 additional systems that automatically place lids on containers used in transporting mail. Valued at nearly $6.2 ... The U.S. Postal Service has selected Bethesda, MD-based Lockheed Martin to build 100 additional...
Navistar Secures Large Order from United States Postal Service; Truck Manufacturer to Deliver More Than 1,700 Medium-Duty Trucks to Agency in 2004
- 2004-01-12
Business Editors WARRENVILLE, Ill.--BUSINESS WIRE--Jan. 12, 2004 International Truck and Engine Corporation has reached an agreement to deliver more than 1,700 InternationalR 4000 Series medium-duty trucks to the United States Postal Service, it was announced today. International Truck and Engine Corporation is the operating company of Navistar International...
Contract awarded for postal fix-it site
- 2003-11-21
Northrop Grumman gets $130 million to run USPS facility at Forbes ONLINE Listen to Northrop Grumman officials and a union spokesman discuss labor negotiations. cjonline.com Please see POSTAL, Page 7A Continued from Page 1A Postal: Low turnover...
Random samples: sales
- 2003-03-15
GlaxoSmithKline announced it will evaluate Beyond Genomics' Systems Biology approach to elucidate disease pathways and identify protein and metabolite markers of disease state and drug response ... Scimagix and Roche entered an agreement to develop image data management solutions in support of Roche's proteomics processes ... Roche purchased a customized...
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