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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Looking back at 2009 so we can brace for 2010
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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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FedEx issues cautious 3Q forecast following results
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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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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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network and u.s. postal service - All News and Analysis
You've got mail
- 2007-11-01
Verizon Business will provide a new custom satellite network to the U.S. Postal Service USPS, enabling it to deliver voice and high-speed data to areas where wireline or wireless access is unavailable or too costly. The network, formally known as a VSAT satellite system, will provide point-to-point communications for about...
Gilat's Spacenet Subsidiary Teams With Verizon Business to Provide Custom Satellite Communications Network for U.S. Postal Service®
- 2007-10-01
Satellite Technology Brings High Performance Communications to Over 5,000 Post Offices Nationwide
Spacenet teams with Verizon Business to provide custom satellite communications network for US Postal Service.(CONTRACTS)
- 2007-09-01
Spacenet Inc., a provider of advanced satellite networking services for enterprise and government, announced that it is working with Verizon Business to deploy a custom satellite network for the US Postal Service. The satellite network will provide high-performance broadband communications for over 5,000 Postal...
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...
Market Commentary on SteelCloud Inc.
- 2006-12-07
M2 PRESSWIRE-7 December 2006-Small Cap News: Market Commentary on SteelCloud IncC1994-2006 M2 COMMUNICATIONS LTD RDATE:07122006 Market Commentary on SteelCloud Inc (NASDAQ:SCLD) Federal agencies, defense contractors, and businesses looking for custom systems may have a SteelCloud on their horizon. Specializing...
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...
US Postal Service extends MNS contract with Verizon Business
- 2006-10-09
TELECOMWORLDWIRE-9 October 2006-US Postal Service extends MNS contract with Verizon BusinessC1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com The United States Postal Service has awarded a two year extension to the existing Managed Network Services MNS contract to Verizon Business, a communications provider in the US. The agreement extends the existing...
FedEx SmartPost--a completely integrated national network that picks up, sorts, and delivers packages directly to USPS Facilities for final delivery.(United States Postal Service)
- 2005-12-01
PICK-UP PICK-UP
U.S. and Five Leading Postal Systems Join Networks For Enhanced Express Services in Asia-Pacific Rim Markets
- 2005-07-21
HONG KONG, July 21 /U.S. Newswire/ -- On Monday afternoon, July 25, the U.S. Postal Service will join five of the worldbs leading postal administrations -b Australia Post, China Post, Hong Kong Post, Japan Post and Korea Post -b to announce a new, collaborative express service in the Asia Pacific...
Ipswitch to deliver network monitoring to U.S. Postal Service; Ipswitch WhatsUp to be installed in 180 mail processing and distribution centres.
- 2005-04-19
M2 PRESSWIRE-19 April 2005-IPSWITCH: Ipswitch to deliver network monitoring to U.S. Postal Service; Ipswitch WhatsUp to be installed in 180 mail processing and distribution centresC1994-2005 M2 COMMUNICATIONS LTD RDATE:19042005 Ipswitch, the leading developer of network management, messaging and file transfer...
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Industry Transcripts by Seeking Alpha
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