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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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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Letters to the Editor
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Troux Awarded Contract by U.S. Postal Service for Enterprise Software
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Postal Service loses $865 million in July
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Hundreds of post offices may close, including one in Berkley
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Cockfights thrive as Tennessee traditionEvery state has banned cockfighting as a cruel blood sport.
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Alpine Air loses deal to deliver isle mail
News & Analysis
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Get a Deep Insight into the World Air Cargo Markets
Reportlinker.com announces that a new market research report related to the Air transport industry is available in its catalogue. World Air Cargo Markets http://www.reportlinker.com/p087377/World-Air-Cargo-Markets.html This report analyzes the worldwide markets for Air Cargo in Millions of Revenue-Ton-Kilometers.The report provides separate comprehensive analytics for...
In Sweden Volvo Reports Higher Profits On Order Bookings and In the US Postal Service Launches First Diesel-Electric Parallel Hybrid Delivery Van Read more inside the June Issue of the WCV.
M2 PRESSWIRE-6 June 2007-Research and Markets: In Sweden Volvo Reports Higher Profits On Order Bookings and In the US Postal Service Launches First Diesel-Electric Parallel Hybrid Delivery Van Read more inside the June Issue of the WCVC1994-2007 M2 COMMUNICATIONS LTD RDATE:08062007 ...
Remarks by the President After Demonstration of Alternative Fuel Vehicles
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...
Strong Fourth Quarter Financial Results.
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
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...
Deseret Book makes plans to relocate
Deseret Book took the lead-off spot Thursday on the roster of downtown mall retailers announcing their plans for the impending redevelopment. The company's flagship retail store will stay at its current ZCMI Center location through the holidays and then will move to the street level of adjacent office...
Many stores up in air
The LDS Church's unveiling Tuesday of its redevelopment project begat confusion and limbo for all but a few tenants of the Crossroads Plaza and ZCMI Center malls, with vendors and clerks wondering when their operations will close, where they will go and whether they will be among those invited to...
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Which auto manufacturer produces the U.S. postal trucks? Are they all-wheel- drive? What type of engines do they have? --Jeremy Mastrangelo, Liverpool, N.Y. Treading through rain, sleet or snow, the most common mail-delivery truck is the Long-Life Postal Delivery Vehicle, or "LLV." Grumman Allied, now defunct,...
Business news in brief
IN THE REGION Pa. manufacturing-job loss fell to 1% in last 12 months Pennsylvania lost 1 percent of its manufacturing jobs in the last 12 months, according to the 2007 Pennsylvania Manufacturers Register, which was released yesterday. The loss amounted to 7,332 jobs, the register showed. The register...
Resilience through Redundancy
Between September 18 and October 9, 2001, a series of letters were deposited at a mailbox in New Jersey. Poison-pen letters in a very literal sense, the envelopes contained a fine powder of deadly anthrax spores along with a short handwritten anti-American missive. Addressed to a variety of U.S. government...
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