U.S. Postal Service to End Saturday Mail Service
The move, which could go in effect as soon a August, could cut the company's spending by $2 billion.
The U.S. Postal Service will end Saturday mail service beginning as soon as August in an attempt to cut financial losses, according to Bloomberg. USPS lost $15.9 billion last year, and believes that it could save up to $2 billion by eliminating Saturday deliveries. Six-day deliveries of packages would continue. “There is simply no longer enough mail to sustain six days of delivery,” a U.S. Postal Service Spokesman told The Washington Post. Congressional approval is needed to end Saturday deliveries. Hallmark Cards, Inc. has hired lobbyists to urge Congress to vote against the measure, citing negatives effects that this decision could have on the company and its employees, according to the Huffington Post. Due to high employee pension …
Kathy
9:51 pm on Saturday, February 9, 2013
Despite the loss of Saturday home mail delivery, shouldn't Lance Armstrong pay back every single penny of the US Postal Service sponsorship of his pro cycling events? more ›