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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AT&T Government Solutions awarded USD120m four-year contract extension by US Postal Service
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RELM Shares Surge on Getting Up To $750 Million Federal Contract
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Soldier's mother sues over letter stamped 'deceased'
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FedEx issues cautious 3Q forecast following results
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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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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
News & Analysis
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benefits and u.s. postal service - All News and Analysis
DHL: The Demise of Domestic Delivery
BNET
- 2008-11-18
Only a few days after the announcement that DHL U.S. Express  will bow out of U.S. domestic shipping, analysts are dissecting its demise. In the last five years, since the company bought Airborne Express, DHL lost nearly $10 billion. Even closing down its U.S. domestic shipping branch will still mean a...
Largest employers: ranked by total number of local employees as of Jan. 1, 2007
- 2007-12-31
LARGEST EMPLOYERS Ranked by total number of local employees as of Jan. 1, 2007 ...
Alzheimer's Disease to be Highlighted on Stamp Next Year
- 2007-11-01
To: NATIONAL EDITORSContact: David Partenheimer of the U.S. Postal Service, O +1- 202-268-8567, C +1-202-262-3275, david.a.partenheimer@usps.gov 2008 Stamp Latest Addition to Postal Service Social Awareness Stamp SeriesWASHINGTON, Nov. 1 /PRNewswire-USNewswire/ -- The Postal Service will issue a stamp next year to help raise awareness about Alzheimers disease as part of...
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...
OSHA Partnership Helps Reduce Ergonomic Injuries at the U.S. Postal Service
- 2007-06-11
To: LABOR EDITORSContact: Occupational Safety and Health Administration, Office of Communications, +1-202-693-1999 WASHINGTON, June 11 /PRNewswire-USNewswire/ -- U.S. Postal Service employees are experiencing fewer ergonomic injuries as a result of a 2003 partnership between the U.S. Department of Labor's Occupational Safety and Health Administration OSHA, the American Postal Workers Union...
Commentary: Katrina trumps rain, sleet and gloom of night deal
- 2007-04-23
My CityBusiness is usually delivered to my Kenner mailbox about two weeks late. I still haven't seen my April 9 edition as this column goes to press April 20. So it surprised me when the New Orleans U.S. Postal Service reported it has "regained all of our old...
Commentary: New Orleans-area Post Office delivery remains an iffy
- 2007-04-20
My CityBusiness is usually delivered to my Kenner mailbox about two weeks late. I still haven't seen my April 9 edition as this column goes to press April 20. So it surprised me when the New Orleans U.S. Postal Service reported it has "regained all of our old...
Mass mailers to gain if rate reform passes
- 2007-04-01
POSTAL SERVICE In a move likely to benefit mass mailers like catalog and direct mail publishers, the Postal Regulatory Commission PRC has recommended greater use of cost-based mailing rates giving discounts on periodical mail prepared using bundles, sacks and pallets. The PRC agreed with the US Postal Service...
Not the Normal Postal Rate Change — How ITS Mailing Systems Can Help Businesses of All Sizes with Shape-Based Pricing
- 2007-03-23
NORRISTOWN, Pa. -- Citing rising fuel and health care costs, the U.S. Postal Service USPS will implement significant rate changes effective Monday, May 14. For the first time, the USPS rate structure will rely on size and thickness of envelopes and packages, in addition to weight. This new, Shape-Based...
Tempering reform: mailers face huge rate increases, despite new law.(POSTAL)
- 2007-01-15
Although long-awaited postal reform legislation was greeted enthusiastically by nonprofits last month, the bill will not affect a pending rate case expected this spring that could mean huge increases for non-uniform mail. A decision on the rate case is likely by March, with implementation...
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