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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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
post office 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...
Post Office pushes big newspaper rate increase
- 2006-05-04
Postal rates could rise nearly 25 percent for in-county newspapers in May 2007 if the U.S. Postal Service has its way, and annual increases are in store for the foreseeable future.USPS announced its intent to install a larger rate hike for local newspapers than for virtually any other mail class....
The new "Hold for Pickup" option from APX Logistics and the U.S. Postal Service gives consumers the option of picking up parcels at a nearby post office.(NEW SERVICES)
- 2005-11-01
The new "Hold for Pickup" option from APX Logistics and the U.S. Postal Service gives consumers the option of picking up parcels at a nearby post office. Customers are notified by telephone ... The new "Hold for Pickup" option from APX Logistics and the...
Historical Event: Only Post Office Named After a Living Individual;Rep. Meeks, U.S. Postal Service to Host Postal Renaming Ceremony for the Honorable Archie Spigner
- 2005-05-06
News Advisory: News Advisory:
Post office picks metal over plastic.
- 2005-03-14
Byline: Bill Bregar The U.S. Postal Service is returning to all-metal cluster mailboxes, which means the plastics industry is losing a groundbreaking application - a polycarbonate version of the centralized, locking mailbox used at apartments, con Byline: Bill Bregar The...
Exclusive: Post office won't deliver for Armstrong; USPS set to drop cyclist's high-priced sponsorship.(News)(United States. Postal Service)
- 2004-03-22
Byline: IRA TEINOWITZ and RICH THOMASELLI Byline: IRA TEINOWITZ and RICH THOMASELLI
Rep. Meeks and N.Y. State Assemblyman Brian McLaughlin to Honor U.S. Postal Service on the 70th Anniversary of Jamaica Post Office
- 2004-03-15
Photo-Op -- Rep. Gregory W. Meeks and New York State Assemblyman Brian McLaughlin will honor the United States Postal Service on the 70th Anniversary of the Jamaica Post Office. Photo-Op -- Rep. Gregory W. Meeks and New York State Assemblyman Brian McLaughlin will honor the United States Postal Service on...
How companies can offset the postal rate increase. (Viewpoint).(Brief Article)
- 2002-08-05
Companies and consumers alike suffered a major setback in June when efforts to reform legislation failed in Congress. A bill was defeated largely because of procedural differences. The critical need to overhaul the U.S. Postal Service to preserve the Companies and consumers alike suffered a major...
USPS harvests straw-bale construction.(United States Postal Service uses bales of straw to insulate post office in New Mexico)(Brief Article)
- 2000-10-01
Upon entering the Corrales Post Office in Corrales, N.M., a suburb of Albuquerque, very few customers realize what insulates the 8,000-sq.-ft., $600,000 building: nearly 1,500 bales of harvested straw. Upon entering the Corrales Post Office in Corrales, N.M., a suburb of Albuquerque,...
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