PRINCETON, NJ — When given a choice of three options for helping the U.S. Postal Service out of its financial difficulties, a majority of Americans prefer cutbacks in services — such as ending Saturday mail delivery and closing post office branches — to either government assistance or higher stamp prices.
The Postal Service has lost nearly [...]
The U.S. Postal Service is hemorrhaging red ink, but rather than raise rates to close the gap, it is talking about cutting out delivery one day a week. The situation is bad, but reducing service should only be pursued as a last resort.
While the postmaster general didn’t actually propose eliminating service yet, he did ask [...]
WASHINGTON — Battered by the global economic meltdown, the US Postal Service asked Congress Wednesday to allow it to cut mail delivery to five days per week from a legally required six days.
Postmaster General John Potter pleaded with a Senate committee to permit his agency “to curtail delivery on our lightest volume days, no more [...]
Economic downturn has caused a steep decline in mail volume, postmaster says.
NEW YORK — The U.S. Postal Service may be forced to eliminate a day of mail service because the economic downturn has led to plummeting volume and revenue, the postmaster general said Wednesday.
Postmaster General John E. Potter, in testimony before a Senate subcommittee, warned [...]