U.S. post office looks to cut costs as mail dips

Discussion in 'The Latest USPS, Amazon, and DHL Headlines' started by cheryl, Mar 3, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    U.S. post office looks to cut costs as mail dips - Reuters
    The U.S. Postal Service, faced with less mail and bigger shortfalls, plans to cut Saturday delivery and overtime, raise prices and trim its workforce by about 30,000, its chief financial officer, Joseph Corbett, said on Tuesday.

    Because of e-mail and private delivery companies, traditional mail volume is expected to be down from last year by about 10 billion pieces in 2010 with first class mail expected to drop 37 percent by 2020, leaving the service with a cumulative shortfall that could hit $238 billion by 2020.

    Faced with that shortfall, Corbett said the service was planning a moderate increase in stamp prices and pressing for a law to be changed that would allow it to drop Saturday delivery.
  2. User Name

    User Name Only 230 Today?? lol

    all those flat rate boxes dont seem to be helping....