Post Office to End Saturday Delivery of First Class Mail

The U.S. Postal Service is cutting services, including Saturday delivery, CBS News reports:

MailAfter losing $16 billion last year, the postmaster general will make announce Wednesday that the Postal Service intends to halt Saturday delivery of first-class mail by this summer, Aug. 1, CBS News has learned. That means most mailers, letters and catalogs would not arrive on Saturdays, ending a 150-year tradition.

The plan to shrink delivery from six days a week to five would only affect first-class mail, while packages, mail-order medicines, priority and express mail would still get delivered on Saturdays.

Sen. Tom Coburn, R-Okla., says the move will save the struggling postal service $2 billion a year. "It's a proper business decision and (in the) long run, good for the Postal Service and good for Americans."

The Postal Service has lost $41 billion dollars over the past six years as more and more Americans turned to private shippers, email, and online banking.

Watch the CBS News report, AFTER THE JUMP...

Posted February 6, 2013 at 11:05am ETC by Andy Towle
in News