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Click here to visit the new home of Politics Daily!The U.S. Postal Service is still pushing to end Saturday deliveries as a cost savings measure, but its customers are divided on the wisdom of such a move. Hearings on the proposed service changes are set to begin next week. Taking Saturday out of the mix would save as much as $3 billion a year for an operation that is losing money as more business migrates to the Internet. "The reality that folks need to come to grips with is there simply is not enough mail in the system any longer for us to sustain a six-day network," the postal service's vice president for sustainability, Sam Pulcrano, told ...
It is a piece of America that has survived rain, sleet and snow as one of the country's most valued public services, and that familiar blue mailbox isn't likely to go away anytime soon. But change is in the wind. As soon as possible, the U.S. Postal Service wants to start delivering the goods five days a week instead of six, and eventually close down some of those little brick buildings with the American flags fluttering outside. Simply put, the Internet has made what was once a vital form of communication -- paper correspondence -- far less vital. The recession hasn't helped either. ...
(March 30) -- Saturday "snail mail" is one step closer to going the way of the carrier pigeon. The U.S. Postal Service submitted its "five-day delivery" proposal to regulators today, moving to scrap Saturday mail delivery in an effort to shave $3.1 billion annually from the $238 billion in losses the agency estimates by 2020. Notably, the proposal was sent to the Postal Regulatory Commission via e-mail. Matt Rourke, AP The U.S. Postal Service submitted a plan to regulators Tuesday that, if approved, would stop Saturday mail delivery. Here, a Philadelphia postal worker delivers mail. The ...
WASHINGTON (March 2) -- The U.S. Postal Service delivered the bad news today about your mail delivery: It's going to keep getting worse. Citing "unprecedented volume declines" in what has derisively become known as snail mail, Postmaster General John Potter announced a projected $238 billion shortfall in revenues over the next decade that will require deep cuts if the independent agency founded by Benjamin Franklin is to survive in the Internet age. "The crisis we're facing gives us an historic opportunity to make changes that will lay the foundation for a leaner, more market-responsive ...
One can almost imagine the Norman Rockwell painting: A sad-looking letter carrier with a nearly empty leather mail bag. Hard times for the Post Office. The U.S. Postal Service is expected to release projections on Tuesday showing that the amount of traditional mail it handles will likely never return to pre-recession levels, The Washington Post reports. Its customers are increasingly using the Internet and other less-costly mail options to communicate, leaving the Postal Service's signature brand, first class mail, behind. Mail volume fell off 13 percent in the 2009 fiscal year, which ended ...
And you thought public health care was getting a bad name? Move over, socialized medicine. We have another problem on our hands. The General Accounting Office (GAO) has announced that the U.S. Postal Service is in danger of financial insolvency. ...
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