BNET Industries

U.S. Postal Service

is in the Business Services Industry

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

www.usps.com

1 202 268 4909

NAICS Code Local Messengers and Local Delivery: 492210

Recent Events

  • AT&T Government Solutions awarded USD120m four-year contract extension by US Postal Service

    12/11/09 - Joint Venture / Alliance - View Story

  • RELM Shares Surge on Getting Up To $750 Million Federal Contract

    12/08/09 - Joint Venture / Alliance - View Story

  • Soldier's mother sues over letter stamped 'deceased'

    12/02/09 - Lawsuit Filed - View Story

  • FedEx issues cautious 3Q forecast following results

    12/17/09 - Financial Announcement - View Story

  • Emptoris Awarded Contract From U.S. Postal Service for Sourcing Software

    12/01/09 - Joint Venture / Alliance - View Story

  • Washington man sues Postal Service over firing

    11/24/09 - Lawsuit Filed - View Story

  • UPS announces average rate increases of 4.9% for 2010

    11/23/09 - Financial Announcement - View Story

  • Child Support Company Sued By U.S. Postal Service

    11/04/09 - Lawsuit Filed - View Story

  • Media Advisory: U.S. Postal Service Unveils Mendez v. Westminster Stamp to Mark Historic Court Cases...

    10/12/09 - Product Announcement - View Story

  • FedEx extends home delivery service via the Postal Service to all retailers

    10/07/09 - Joint Venture / Alliance - View Story

  • Post office outlet finds spot in city

    10/03/09 - Joint Venture / Alliance - View Story

  • Mailers Fear New USPS Reform May be Needed

    10/05/09 - Financial Announcement - View Story

  • Caspio Announces Enterprise Agreement with U.S. Postal Service

    9/24/09 - Joint Venture / Alliance - View Story

  • Alpine Air Signs $72 Million Contract With USPS

    9/15/09 - Joint Venture / Alliance - View Story

  • Alpine Air Signs $72 Million Contract With USPS

    9/15/09 - Joint Venture / Alliance - View Story

  • Alpine Air Express: Alpine Air Signs $72 Million Contract With USPS

    9/15/09 - Joint Venture / Alliance - View Story

  • SHAPIRO: September brings busy days in Ashland

    9/11/09 - Lawsuit Filed - View Story

  • Troux Awarded Contract by U.S. Postal Service for Enterprise Software

    8/25/09 - Joint Venture / Alliance - View Story

  • Hundreds of post offices may close, including one in Berkley

    8/08/09 - Financial Announcement - View Story

News & Analysis

career and u.s. postal service - All News and Analysis

  • A day to remember

    - 2006-04-24

    Caption: A DAY TO REMEMBER: Washington, D.C., Mayor Anthony Williams l presents a proclamation to honor U.S. Postal Service Vice President and Consumer Advocate Delores Killette c during ceremonies at the Joseph P. Curseen, Jr.--Thomas L. Morris, Jr. Processing and Distribution Center in the nation's capital. Postmaster General John Potter...

    Tags: CAREER, U.S. Postal Service

  • Ebony on the scene

    - 2006-04-01

    IN BEVERLY HILLS family members of actress Hattie McDaniel attend the unveiling of a commemorative stamp in her honor. She's the 29th honoree in the U.S. Postal Service's Black Heritage series. [ILLUSTRATION OMITTED] IN NEW YORK, Clarence Smith and Wally Snyder co-chairs of the Associated Black Charities presentation...

    Tags: CAREER, honor, stamp, U.S. Postal Service

  • Potter, John E. 1956–

    - 2005-01-01

    John E. Potter 1956– Postmaster General, United States Postal Service Nationality: American.Born: 1956, in New York City, New York.Education: Fordham University, BA; Sloan Fellows Program, Massachusetts Institute of Technology, MA.Family: Married; children: two.Career: United States Postal Service, 1977–1988, started as distribution clerk and moved into operations management, serving in a...

    Tags: CAREER, FINANCE, U.S. Postal Service

  • Memphis' new postmaster

    - 2004-10-25

    MEMPHIS' NEW POSTMASTER: Ruby Bridgeforth takes the oath of office as Memphis' 32nd postmaster from U.S. Postal Service USPS Southeast Area Vice President William Brown as her husband, Anthony, looks on during her installation ceremony in Memphis. In the post, Bridgeforth becomes the first Black metro manager in the USPS...

    Tags: CAREER, Memphis, U.S. Postal Service

  • U.S Postal Service: Data on Career Employee Diversity.

    - 2003-10-01

    GAO-03-745R September 15, 2003 Over the years, Committees and members of Congress have requested information about employee equal opportunity and diversity issues at the U.S. Postal Service USPS. This report follows up on our past reports concerning diversity issues at the USPS and responds to the request of...

    Tags: career, U.S. Postal Service, women, workforce

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