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 $120-Million Contract Extension From the U.S. 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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Officials to close Raymond Annex post office
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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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leadership and u.s. postal service - All News and Analysis
GrayHair Software Expands Its Mail Tracking Technology Leadership and Appoints New Sales & Marketing Executive
- 2008-04-03
MOUNT LAUREL, N.J. -- GrayHair Software, Inc., the leader in USPS mail tracking and mailstream intelligence, today announced the addition of two members of its leadership team. R. Paul Grossmann has joined the company as VP of Sales & Marketing, while Everette L. Mills has been named Manager Analytical Services....
ConEdison Solutions buys Florida's BGA, Inc
- 2007-06-06
ConEdison Solutions, one of America's leading energy service providers, announced today that it has acquired BGA, Inc., an energy service and engineering company headquartered in Tampa, Florida. Upon completion of this transaction, Con Edison Solutions increases its energy services operating footprint into the Southeast. BGA's Tampa office will join...
Remarks by the President After Demonstration of Alternative Fuel Vehicles
- 2007-03-27
WASHINGTON -- U.S. Postal Service Vehicle Maintenance Facility 10:39 A.M. EDT THE PRESIDENT: Mr. Secretary, thank you. I want to thank you all very much. Yesterday I talked with the chief executive officers of U.S. auto companies about what they're doing to help us meet the goal...
Thanks to our leaders of the past, Latinos can now go further than ever
- 2007-02-01
Thanks to our leaders of the past, Latinos can now go further than ever. One of America's most beloved Latino icons was celebrated this fall, when the State of California inducted civil fights legend Cesar Chavez into the newly established California Hall of Fame. Revered as the cofounder of the...
International Post Corporation Re-elects U.S. Postmaster General as Board Vice Chairman
- 2007-01-24
To: FOREIGN EDITORSContact: U.S. Postal Service Media Relations, +1-202-268-2155 BRUSSELS, Belgium, Jan. 24 /PRNewswire-USNewswire/ -- U.S. Postmaster General John E. Jack Potter has been re-elected as vice chairman of the International Post Corporation IPC Board. The IPC, a cooperative association of 23 national postal operators in Europe, North America and...
Push to Protect Postage Discounts for First-Class Mailers: Remittance Processor Serving Active Role on Rate Committee
- 2006-11-01
Bill presentment and payment processing solutions providers are among the large First-Class Mailer's looking to influence the United States Postal Service's USPS planned rate changes. As a member of the Major Mailer's Association's MMA Rate Committee, the transaction processing service provider Regulus, is among those organizations providing the Postal Rate...
Regulus Takes Leadership Position to Protect Postage Discounts for First-Class Mail Customers
- 2006-09-25
Regulus, the nation's largest independent provider of bill presentment and payment processing solutions, announced today that, as a member of the Major Mailers Association's MMA Rate Committee, the company is taking a leadership role to provide the Postal Rate Commission PRC with important data to impact the outcome of the...
Fence Post.(News)(Letter to the editor)
- 2006-05-20
Leaders splurging; our children will pay Since President George W. Bush took office in January 2001, the debt ceiling has been boosted four times. Over the past five years, the total increase in authorization to spend more than receipts exceeds $3 trillion....
BOWE BELL + HOWELL Introduces WayMark™ High-Speed Weight Verification and Management Module
- 2006-04-20
WHEELING, Ill. -- BOWE BELL + HOWELL, a leading provider of document processing and postal solutions, is pleased to introduce the WayMarkTM weight verification and management system that will allow mailers to easily submit mailings to the U.S. Postal Service without the use of a postage meter. Following a successful...
Transformation Delivered
- 2006-03-01
For generations of leaders at the United States Postal Service, success meant meeting service goals and making budget. That's understandable when-every day-you have to deliver mail to more than 142 million homes, serve seven million customers in 38,000 post offices, and manage 86 million pounds of mail traveling through processing...
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