BNET Industries

U.S. Postal Service

is in the Business Services Industry

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

www.usps.com

1 202 268 4909

NAICS Code Local Messengers and Local Delivery: 492210

Recent Events

  • Washington man sues Postal Service over firing

    11/24/09 - Lawsuit Filed - View Story

  • UPS announces average rate increases of 4.9% for 2010

    11/23/09 - Financial Announcement - View Story

  • Child Support Company Sued By U.S. Postal Service

    11/04/09 - Lawsuit Filed - View Story

  • Media Advisory: U.S. Postal Service Unveils Mendez v. Westminster Stamp to Mark Historic Court Cases...

    10/12/09 - Product Announcement - View Story

  • FedEx extends home delivery service via the Postal Service to all retailers

    10/07/09 - Joint Venture / Alliance - View Story

  • Post office outlet finds spot in city

    10/03/09 - Joint Venture / Alliance - View Story

  • Mailers Fear New USPS Reform May be Needed

    10/05/09 - Financial Announcement - View Story

  • Caspio Announces Enterprise Agreement with U.S. Postal Service

    9/24/09 - Joint Venture / Alliance - View Story

  • About 2,700 have signed petition to save Lantana post office

    9/20/09 - Planned Site Openings - View Story

  • Alpine Air Signs $72 Million Contract With USPS

    9/15/09 - Joint Venture / Alliance - View Story

  • Alpine Air Signs $72 Million Contract With USPS

    9/15/09 - Joint Venture / Alliance - View Story

  • Alpine Air Express: Alpine Air Signs $72 Million Contract With USPS

    9/15/09 - Joint Venture / Alliance - View Story

  • SHAPIRO: September brings busy days in Ashland

    9/11/09 - Lawsuit Filed - View Story

  • Letters to the Editor

    9/10/09 - Product Announcement - View Story

  • Rocky Mountain High! Public Invited To See New Alpine Tundra Stamps Make National Debut In...

    9/02/09 - Product Announcement - View Story

  • Troux Awarded Contract by U.S. Postal Service for Enterprise Software

    8/25/09 - Joint Venture / Alliance - View Story

  • Postal Service loses $865 million in July

    9/03/09 - Financial Announcement - View Story

  • Hundreds of post offices may close, including one in Berkley

    8/08/09 - Financial Announcement - View Story

  • Cockfights thrive as Tennessee traditionEvery state has banned cockfighting as a cruel blood sport.

    6/21/09 - Lawsuit Filed - View Story

  • Alpine Air loses deal to deliver isle mail

    6/17/09 - Joint Venture / Alliance - View Story

News & Analysis

transportation and u.s. postal service - All News and Analysis

  • Newgistics Personalizes Shipping Experience for GiftsForYouNow.com

    - 2008-04-28

    Innovator in Postal-Based Intelligent Logistics Management Reduces Shipping Costs by 14% for Leading Online Retailer AUSTIN, Texas -- Newgistics, Inc., the only provider of a postal-based, intelligent logistics solution for forward and returns shipping, today announced that GiftsForYouNow.com has selected Newgistics to reduce costs and increase visibility into the...

    Tags: logistics, Retail, Transportation, U.S. Postal Service

  • Celebrating the Chinese New Year

    - 2008-02-07

    To: TRANSPORTATION EDITORS Contact: Melissa Dodge of the U.S. Postal Service, +1-202-268- 5188, cell, +1-202-360-1552, melissa.l.dodge@usps.gov Year of the Rat Stamp Kicks Off Series That Runs Through 2019 WASHINGTON, Feb. 7 /PRNewswire-USNewswire/ -- In observance of the Chinese New Year, the U.S. Postal Service issued a new stamp series...

    Tags: FINANCE, Taxes, Transportation, U.S. Postal Service

  • First Date for Holiday Mail to Iraq, Afghanistan Approaches

    - 2007-11-11

    To: NATIONAL EDITORSContact: Joanne Veto of USPS, +1-202-268-3118, +1-202-285-2168 cell, joanne.m.veto@usps.gov Todays Holidays Need Todays MailWASHINGTON, Nov. 11 /PRNewswire-USNewswire/ -- While Americans celebrate and remember the nations veterans Monday, the U.S. Postal Service is reminding friends and families of military service members stationed overseas that the first recommended mailing date...

    Tags: Afghanistan, FINANCE, Iraq, parcel, Taxes, Transportation, U.S. Postal Service

  • Penn Station plan getting first airing

    - 2007-10-31

    The scoping document for the expanded Moynihan and Penn Station redevelopment project was released last week revealing an outline of the plan that for months has circulated among public officials and various stakeholders in the project but has largely been kept from the public eye. The plan includes an...

    Tags: FINANCE, Penn, Transportation, U.S. Postal Service

  • TMC Honors Postal Fleet Manager

    - 2007-03-19

    A post office fleet supervisor has received an award for excellence from the Technology & Maintenance Council.Janis Orr, who runs the U.S. Postal Service vehicle maintenance facility in Chattanooga, Tenn., was presented the Excellence in Maintenance Supervision Award at TMC's Annual Meeting and Transportation Technology Exhibition in Tampa, Fla., in...

    Tags: Transportation, U.S. Postal Service

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