REPORT: Postal Service to cut Saturday mail beginning later this summer
The U.S. Postal Service says it plans to stop delivering first-class mail on Saturdays beginning later this summer, CBS News and The Associated Press reported.
The plan only affects first-class mail; mail-order medicines, packages and priority and express mail would still be delivered on Saturdays, CBS News reported.
The cut is expected to mean a savings of about $2 billion annually, according to the AP.
The financially struggling U.S. Postal Service says it plans to stop delivering mail on Saturdays, but continue delivering packages six days a week.
In an announcement scheduled for later Wednesday, the service is expected to say the cut, beginning in August, would mean a cost saving of about $2 billion annually.
The move accentuates one of the agency’s strong points — package delivery has increased by 14 percent since 2010. The delivery of letters and other mail has declined with the increasing use of email and other Internet use.
Considering the USPS loss last year was $16 billion, all the postal office needs to do to return to profitability is cut delivery on 7 more days in the week and all shall be fixed. Sadly, we are confident some government worker just read this and a lightbulb went over their head. And no: taxing Americans $0.45 per email sent will not be a popular measure.
Of course, the inevitable outcome is that the USPS itself will have to be bailed out. In the meantime, the USPS can spend what little money it does not have on TV ads on channels such as CNBC whose viewers are certainly unaware of the services provided by this most bloated of legacy government entities.
The U.S. Postal Service will stop delivering mail on Saturdays but continue to deliver packages six days a week under a plan aimed at saving about $2 billion, the financially struggling agency says.
In an announcement scheduled for later Wednesday, the service is expected to say the Saturday mail cutback would begin in August.
The move accentuates one of the agency’s strong points — package delivery has increased by 14 percent since 2010, officials say, while the delivery of letters and other mail has declined with the increasing use of email and other Internet use.