US Postal Service stands by cost cuts - Dayton Business Journal
The U.S. Postal Service defended its cost cutting plan before Congress on Monday, saying its estimate that cutting back from mail delivery six days a week to five days will save it $3.1 billion annually.
The Postal Service disputed a report that says the cutback would save considerably less.
The Postal Service is trying to find ways to cut costs and remain financially competitive given increased pressure from use of e-mail, as well as delivery services such as those offered by FedEx Corp. and United Parcel Service.
The U.S. Postal Service defended its cost cutting plan before Congress on Monday, saying its estimate that cutting back from mail delivery six days a week to five days will save it $3.1 billion annually.
The Postal Service disputed a report that says the cutback would save considerably less.
The Postal Service is trying to find ways to cut costs and remain financially competitive given increased pressure from use of e-mail, as well as delivery services such as those offered by FedEx Corp. and United Parcel Service.