Husch Blackwell publishes Top 150 USPS Suppliers list
Husch Blackwell has published its annual Top 150 U.S. Postal Service Suppliers list.
According to a statement posted by Husch Blackwell last week USPS spent $13.9bn on outside purchases and rental payments during fiscal year (FY) 2017, with about half of that total on transportation-related purchases. This was about $181m more than the previous year.
Husch Blackwell commented: “The Top 10 USPS suppliers received a total of $3.9bn, which is 28% of the Postal Service’s total spend and $400 million more than last year’s Top 10. The Top 150 suppliers received $9.2bn, accounting for about two-thirds of the agency’s total spend.
“The Postal Service has 17,000 suppliers; however, many of them are smaller companies with contracts to deliver mail. Only 81 suppliers collected revenues exceeding $25mn in 2017.”
FedEx topped the list with $1.61bn in revenues, which was about $68m down on its 2016 earnings.
David Hendel , a partner in Husch Blackwell’s Technology, Manufacturing, and Transportation industry group and leader of the firm’s Postal Contracting team, has compiled the list of top USPS suppliers annually since 1999. The list is based on data received in response to Freedom of Information Act requests.