Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

WaPo: Postal Service Expected to Announce Significant Changes

Washington Post: “The U.S. Postal Service will release projections Tuesday that confirm for the first time the suspicion that mail volume will never return to pre-recession levels. In response, the agency is pushing anew for a dramatic reshaping of how Americans get and send their letters and packages…The Postal Service experienced a 13 percent drop in mail volume last fiscal year, more than double any previous decline, and lost $3.8 billion. The projections anticipate steeper drops in mail volume and revenue over the next 10 years, and mounting labor costs only complicate the agency’s path to firm fiscal footing…the Postal Service will ask Congress to cut mail delivery to five days per week…closing thousands of locations and moving some products and services to nearby supermarkets, office supply stores and pharmacies.”

Sorry, comments are closed for this post.