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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Ron Ashkenas: Government Health Care: Like the Postal Service?
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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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company and u.s. postal service - All News and Analysis
Paid, Inc. Enhances AuctionInc eCommerce Shipping Calculation Technology for UPS, DHL, USPS, Shopping Cart
- 2008-08-26
BOSTON -- Paid, Inc. (OTCBB:PAYD)(www.paid.com) has rolled out additional enhancements designed to increase flexibility, functionality and security for eCommerce vendors using its innovative patented AuctionInc[TM] online shipping calculation technology. "As eCommerce continues to expand at a breakneck pace, vendors require automated shipping calculation solutions like AuctionInc that are continuously...
American Locker Announces Status Update on USPS-B-1118 CBU Application
- 2007-11-30
GRAPEVINE, Texas -- American Locker Group Incorporated (Pink Sheets:ALGI) ("American Locker" or the "Company") announced today that the United States Postal Service ("USPS") had rejected the Company's application to manufacture the USPS-B-1118 Cluster Box Unit ("CBU"). As previously disclosed, the Company had sought to become a licensed manufacturer of the...
I.D. Systems Receives Additional Orders from U.S. Postal Service For Wireless Vehicle Management Systems.
- 2007-04-03
HACKENSACK, New Jersey, April 3 /PRNewswire/ -- I.D. Systems, Inc. (Nasdaq: IDSY) today announced that it has received orders from the United States Postal Service USPS to deploy the company's Wireless Asset NetR powered industrial vehicle management system at seven additional USPS facilities. The...
Strong Fourth Quarter Financial Results.
- 2007-01-04
M2 PRESSWIRE-4 January 2007-News Flash: Strong Fourth Quarter Financial ResultsC1994-2007 M2 COMMUNICATIONS LTD RDATE:04012007 Kitty Hawk, Inc., (AMEX:KHK) through its subsidiaries, provides air freight services in the United States and Canada. Visit company's web site @ www.kittyhawkcompanies.com Share...
Kitty Hawk Expects Strong Fourth Quarter Financial Results
- 2007-01-04
Company Successfully Completes Management of USPS Holiday Network Fourth Quarter Revenue Expected to Set Recent Record Solid Fourth Quarter Profitability Forecasted DALLAS -- Kitty Hawk, Inc. (AMEX:KHK) today reported that its wholly owned subsidiaries, Kitty Hawk Cargo, Inc. and Kitty Hawk Aircargo, Inc., have successfully completed their...
Kitty Hawk Signs Major Contract with United States Postal Service
- 2006-11-20
-- Kitty Hawk to manage East-West Holiday Network -- Contract Revenue Estimated at $29.33 Million DALLAS -- Kitty Hawk, Inc. (AMEX: KHK) today announced that its wholly owned subsidiary, Kitty Hawk Cargo, Inc., has entered into a contract with the United States Postal Service ("USPS") to manage a...
Alpine Air Express Posts Third Quarter 10-QSB
- 2006-09-18
PROVO, Utah -- Alpine Air Express Inc., the "Company," (OTCBB: APNX) announced that its operating subsidiary Alpine Aviation Inc., a leading provider of regional air cargo transport and logistics services, stated on its 10-QSB that during the quarter ended July 31, 2006, the Company had a net profit before taxes...
PictureItPostage Launches Search for Cutest Baby Photo
- 2006-07-11
Don't pour the baby out with the bathwater! Endicia, the largest distributor of Internet PC postage by volume in the United States, today announced the PictureItPostage Cutest Baby Photo contest. PictureItPostage is asking parents to send in their cutest baby photos and the grand prize winner will receive a...
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...
Sharps Compliance Corp. Announces Sharps Disposal by Mail Industry Developments
- 2005-05-31
HOUSTON -- Sharps Compliance Corp. and subsidiaries (OTCBB:SCOM) ("Sharps" or the "Company"), leading providers of cost-effective medical waste disposal solutions for industry and consumers, today announced developments in the sharps disposal by mail industry. During the month of May 2005, the United States Postal Service ("USPS") revoked the mailing...
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