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
-
Child Support Company Sued By U.S. Postal Service
-
Media Advisory: U.S. Postal Service Unveils Mendez v. Westminster Stamp to Mark Historic Court Cases...
-
FedEx extends home delivery service via the Postal Service to all retailers
-
Post office outlet finds spot in city
-
Mailers Fear New USPS Reform May be Needed
-
Caspio Announces Enterprise Agreement with U.S. Postal Service
-
About 2,700 have signed petition to save Lantana post office
-
Alpine Air Signs $72 Million Contract With USPS
-
Alpine Air Signs $72 Million Contract With USPS
-
Alpine Air Express: Alpine Air Signs $72 Million Contract With USPS
-
SHAPIRO: September brings busy days in Ashland
-
Letters to the Editor
-
Rocky Mountain High! Public Invited To See New Alpine Tundra Stamps Make National Debut In...
-
United Shipping Solutions Partners with the U.S. Postal Service
-
Troux Awarded Contract by U.S. Postal Service for Enterprise Software
-
Letters to the Editor - Aug. 26
-
Postal Service loses $865 million in July
-
FedEx, USPS renew express contract
-
Area postman loses harassment lawsuit
-
Government fails at managing everything
News & Analysis
Filter by
u.s. postal service - All News and Analysis
Send Snail Mail Via the Internet with ePostIt and SnailMailr
BNET
- 2009-08-26
The world revolves around e-mail, right? It certainly seems that way -- right up to the moment you encounter a client who is firmly in the Stone Age and requires stuff to be sent via the good old US Postal Service. For times like that, it might be easier to...
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.
Managed Mobility Case Study: USPS
BNET
- 2009-08-04
Companies are struggling to maintain control and visibility of their mobile ecosystems. Managing thousands of wireless devices is even more challenging if you have a decentralized environment and no system for managing plans, spend or usage of those devices. Read how the US Postal Service achieved immediate impact to...
SKYPOSTAL NETWORKS, INC. Wall Street Analyst Forum's 20th Annual Institutional Investor Conference Transcript
Seeking Alpha
- 2009-03-26
Question-and-Answer SessionUnidentified Participant inaudible. Albert Hernandez No. By 2013, all EU members, European Union members, about 26 countries must deregulate their market. So far UK, Holland, Germany, most of the larger countries have. The CIS countries are in the process, but this is a mandate. If you are in...
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...
DHL: The Demise of Domestic Delivery
BNET
- 2008-11-18
Only a few days after the announcement that DHL U.S. Express  will bow out of U.S. domestic shipping, analysts are dissecting its demise. In the last five years, since the company bought Airborne Express, DHL lost nearly $10 billion. Even closing down its U.S. domestic shipping branch will still mean a...
Pitney Bowes Offers Valuable Insight to Help Mailers Prepare for Move Update Standard
- 2008-10-23
STAMFORD, Conn. -- Pitney Bowes Inc. (NYSE:PBI), the world's leading mailstream technology company, is encouraging mailers to take action now to prepare for new and tighter rules from the U.S. Postal Service that mandate how frequently mailers update their mailing lists. The company is providing lots of valuable information to...
Melissa Data to Showcase SmartMover Unlimited 48-Month NCOALink® at DMA '08
- 2008-10-13
Unlimited Real-time Change-of-Address Processing Helps Mailers Comply with New USPS([R]) Move Update Standards LAS VEGAS -- Melissa Data, (www.melissadata.com), a USPS Full Service Licensee, will debut new SmartMover Unlimited 48-month NCOALink processing at the DMA show. This service will be built right into their MAILERS+4[R] mail preparation software, so...
U.S. Court of Federal Claims Case Summaries: September 2, 2008
- 2008-09-02
U.S. Court of Federal Claims Fair Labor Standards Act Overtime Delpin Aponte v. U.S. 05-1043C Judge Wolski Background: The plaintiffs are a large number of current and former employees of the U.S. Postal Service residing in Puerto...
In July, Cepheid revised its forecast for 2008 sales from $182-$189 million to $173-$177 million, with product sales expected to be $164-$167 million, due to lower-than-expected noncore clinical partner purchases from BD and Roche and lower Biothreat sal
- 2008-08-31
In July, Cepheid revised its forecast for 2008 sales from $182-$189 million (see IBO 4/30/80) to $173-$177 million, with product sales expected to be $164-$167 million, due to lower-than-expected noncore clinical partner purchases from BD and Roche and lower Biothreat sales due to a reduction in tests used by the...
Those who viewed this also viewed...
Industry Transcripts by Seeking Alpha
-
Thomas Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about TGIS
-
Hewitt Associates Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 10, 2009about HEW
-
Fluor Corporation Q3 2009 Earnings Call Transcript
on Nov 09, 2009about FLR
-
TechTarget, Inc. Q3 2009 Earnings Call Transcript
on Nov 09, 2009about TTGT
-
ENGlobal Corporation Q3 2009 Earnings Call Transcript.
on Nov 09, 2009about ENG
IndustryTop Rated
