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
Filter by
government and u.s. postal service - All News and Analysis
Big Cutbacks at the Post Office?
BNET
- 2009-08-06
The U.S. postal service, which made a $900 million profit as recently as 2006, is on track to lose a whopping $7 billion this year. It's now considering drastic cuts.
Save Time and Money with the USPS Postage Price Calculator
BNET
- 2009-03-12
Second only to the Motor Vehicle office as the target of cruel jokes, the Post Office probably doesn't really deserve its reputation. After all, what other branch of the government has gone to such great lengths to embrace the digital age for the convenience of its customers? For example: Did...
Vonzell Solomon
- 2008-03-10
Before her big break on Idol in 2005, Vonzell Solomon spent the previous year and a half as a rural mail carrier in Fort Myers, Fla. Thanks to the job, she was better prepared than most to face Simon Cowell. "Little dogs...
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 ...
Indirect.(Direct & Database)
- 2007-12-10
USPS governors OK pricing regulations U.S. Postal Service Governors announced last month that future postal prices will be adjusted using new regulations issued by the Postal Regulatory Commission on Oct. 29. Under those regulations, price increases will be capped at the rate of inflation....
Celebrity Jurors Help Postal Service Issue Jury Duty Stamp
- 2007-09-12
To: NATIONAL EDITORSContact: Frances Frazier of U.S. Postal Service, +1-202-268-2898, Cell: +1-202-285-6374, mfrances.frazier@usps.gov Note: To obtain a 300 dpi image of the stamp visit: http:// www.usps.com/communications/newsroom/2007stamps/downloadcenter.htm. For broadcast quality video and audio, photo stills and other media resources, visit the USPS Newsroom at http://www.usps.com/newsWASHINGTON, Sept. 12 /PRNewswire-USNewswire/ --- The U.S....
Mystery Celebrity Jurors Help Postal Service Issue Jury Duty Stamp
- 2007-09-10
To: NATIONAL EDITORSContact: Frances Frazier of the U.S. Postal Service, +1-202-268- 2898, cell: +1-202-285-6374, mfrances.frazier@usps.gov WASHINGTON, Sept. 10 /PRNewswire-USNewswire/ -- The U.S. Postal Service continues its tradition of drawing attention to important social causes by issuing the Jury Duty stamp at the Manhattan State Supreme Court in New York City...
E-mail, rising costs taking toll on U.S. Postal Service
- 2007-07-08
WASHINGTON -- Could mail one day go the way of many pizza chains, where customers can pick it up or pay extra for home delivery? Will the mail still arrive six days a week? Will the government still be involved? The Postal Service is...
U.S. Postal Service struggles to meet increasing costs
- 2007-07-08
WASHINGTON -- Could mail one day go the way of many pizza chains, where customers can pick it up or pay extra for home delivery? Will the mail still arrive six days a week? Will the government still be involved? The Postal Service is...
The Birds and the Bees are Buzzing
- 2007-06-22
To: ENVIRONMENTAL EDITORSContact: Frances Frazier, +1-202-268-2898, cell +1-202-285-6374 mfrances.frazier@usps.gov, or Michael Woods, +1-202-268-7236, michael.p.woods@usps.gov, or Luvenia Hyson, +1-202-636-1245, luvenia.d.hyson@usps.gov, all of USPS; or Keith Williams, +1-202-720- 4623, keithwilliams@usda.gov, of USDA WASHINGTON, June 22 /PRNewswire-USNewswire/ -- The following was issued by the U.S. Postal Service: What: ...
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