US Postal Service regulator questions cost-saving plan - Reuters
The U.S. Postal Service's regulator on Friday questioned the potential savings from a plan to shut mail processing sites and slow mail delivery, saying the mail agency could save about the same amount without making major changes to delivery times.
The Postal Service plans to close nearly half its mail processing sites over the next few years, part of its response to tumbling mail volumes as Americans use email more.
But postal officials' assumption that the best response to lower volume was to slow delivery caused it to overlook other cost-cutting options, the Postal Regulatory Commission said in a non-binding opinion.
The U.S. Postal Service's regulator on Friday questioned the potential savings from a plan to shut mail processing sites and slow mail delivery, saying the mail agency could save about the same amount without making major changes to delivery times.
The Postal Service plans to close nearly half its mail processing sites over the next few years, part of its response to tumbling mail volumes as Americans use email more.
But postal officials' assumption that the best response to lower volume was to slow delivery caused it to overlook other cost-cutting options, the Postal Regulatory Commission said in a non-binding opinion.
