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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Catalog problem due to 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
Filter by
pricing and u.s. postal service - All News and Analysis
Postal Service to Offer Competitive Prices for Express Mail, Priority Mail
- 2008-03-12
To: NATIONAL EDITORS Contact: David Partenheimer of the U.S. Postal Service, +1-202- 268-8567, Cell: +1-202-262-3275, david.a.partenheimer@usps.gov Prices to Change May 12 WASHINGTON, March 12 /PRNewswire-USNewswire/ -- For the first time ever, the U.S. Postal Service is offering volume related or other price incentives for Express Mail, Priority Mail and...
Ship Today - One Rate, Any State
- 2008-03-03
To: NATIONAL EDITORS Contact: Melissa Dodge of U.S. Postal Service, O +1-202-268- 5188, C +1-202-360-1552, melissa.l.dodge@usps.gov Take Advantage of New Large Flat-Rate Box WASHINGTON, March 3 /PRNewswire-USNewswire/ -- Starting today, take advantage of the new, Priority Mail Large Flat-Rate Box from the U.S. Postal Service, now giving customers three...
Postal Service Offers New Larger Box With One Flat Price for Shipping
- 2008-02-21
To: NATIONAL EDITORS Contact: Melissa Dodge of USPS, +1-202-268-5188, cell: +1-202- 360-1552, melissa.l.dodge@usps.gov Order Boxes Now and Prepare to Ship March 3 WASHINGTON, Feb. 21 /PRNewswire-USNewswire/ -- Sending a birthday gift cross-country, a care package to a college student, or a reminder of home to a military member overseas?...
Eight Tips to Tackle shape-based postage.(Features)
- 2007-06-01
Eight Tips to Tackle shape-based postage by Bob Makofsky On May 14, the U.S. Postal Service enacted shape-based postage. For the first time, postage rates reflect the fact that certain types of mail require higher processing costs. First-class mail will see an...
Last Chance to Mail at the 39-Cent Price
- 2007-05-10
To: NATIONAL EDITORSContact: David Partenheimer of the U.S. Postal Service, +1-202- 268-8567, david.a.partenheimer@usps.gov WASHINGTON, May 10 /PRNewswire-USNewswire/ -- New postage prices and fees go into effect on Monday, May 14, including an increase in the price of a First-Class Mail stamp to 41 cents. But not all prices are going...
BRIEFCASE
- 2007-04-20
BIZ PICS: IMAGES FROM AROUND THE REGION Ernest Peek, left, a senior landscape architect with Benatec Associates of Fairview Township, waits for a mini baked Alaska at the Dining with Diakon Lutheran Social Ministries fundraiser April 10 at the Hilton Harrisburg. Guest chef Joanne M. Judge, second from left, won...
It's Official: Postage Rates Will Increase.(Priority Mail)
- 2007-04-01
It's Official: Postage Rates Will Increase by Nancy DeDlemar An important milestone was reached in late February when the Postal Regulatory Commission PRC issued its response to R2006-1, the rate case filed in April 2006, to the USPS Board of...
Not the Normal Postal Rate Change — How ITS Mailing Systems Can Help Businesses of All Sizes with Shape-Based Pricing
- 2007-03-23
NORRISTOWN, Pa. -- Citing rising fuel and health care costs, the U.S. Postal Service USPS will implement significant rate changes effective Monday, May 14. For the first time, the USPS rate structure will rely on size and thickness of envelopes and packages, in addition to weight. This new, Shape-Based...
Sessions on Pricing Changes, New Postal Law Highlight National Postal Forum
- 2007-02-28
To: NATIONAL EDITORSContact: Joanne Veto of U.S. Postal Service, +1-202-268-3118, joanne.m.veto@usps.gov WASHINGTON, Feb. 28 /PRNewswire-USNewswire/ -- The hottest issues in the mailing industry and the experts to address them await attendees at this year's National Postal Forum. More than 6,800 industry professionals are expected to attend the four-day conference at...
Postal Rate Increase to Drive Major Changes in Mailing Industry
- 2007-01-17
Most Companies Unprepared for Proposed Price Hike, New Rules STAMFORD, Conn. -- With only four months to go until the most significant overhaul of postage rates in years, four out of five executives are unprepared for proposed price and rules changes that are destined to have a large impact...
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