Postal Service To Cut Saturday MailingSubmitted by emalvini on Wed, 02/06/2013 - 13:23
Postal Service To Cut Saturday Mailing
ABC OTUS News – 5 hrs ago
The financially struggling U.S. Postal Service said Wednesday it will stop delivering mail on Saturdays but continue to disburse packages six days a week, an apparent end-run around an unaccommodating Congress.
The service expects the Saturday mail cutback to begin the week of Aug. 5 and to save about $2 billion annually, said Postmaster General and CEO Patrick R. Donahoe.
"Our financial condition is urgent," Donahoe told a press conference.
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 services.