The U.S. Postal Service will announce the end of Saturday mail delivery, WJBK-TV reported Wednesday morning.
Saturday mail delivery will end in August. The move, which does not affect package delivery, is expected to save $2 billion annually, the report indicated. It's part of a 5-year plan to cut $20 billion, according to The Washington Post.
On Tuesday, The Huffington Post reported that Hallmark Cards, Inc. has hired lobbyists who will ask Congress to keep Saturday delivery and consider other cost-saving measures. According to the report, postal workers say the move could result in the loss of 80,000 jobs.
Will the loss of Saturday mail delivery affect you? Tell us what you think in a comment.
Stopping Sat delivery is expected to save 2 Billion per year but lost 25 billion last year. Random facts .... they have reduced their workforce by over 35% in the last 6 years, on-line banking and other transactions have eroded the profitable 1st class volume by a 1/3 in last 5 years, the ONLY organization required to pre-fund retiree health care obligations at the tune of 3.2 Billions per year (Yes, it is 1,500 over funded as of now). FED EX and UPS make money each year but have been allowed to gut the USPS of many if not all of their profitable products and as private companies are allowed to change as the business climate changes ... despite being "independent" the USPS is saddled by government bureaucracy and slow to change. In addition, nor are they mandated to deliver to every home, every day which is costly. How costly???.. USPS vehicles drive 3.2 million miles per day! Just imagine what just a penny increase in fuel does to the bottom line, let alone that fuel costs have doubled in the last 5 years. I could go on ... but limited space.
The United States Post Office was created in Philadelphia under Benjamin Franklin on Wednesday, July 26, 1775. The purpose of the USPS has always been to facilitate interstate communication, as well as to create a source of revenue for the early United States. So, yes, the USPS is a function of government.