The U.S. Postal Service plans to cut mail delivery to five days a week starting in August 2013, with no mail delivered to homes on Saturdays.
The Associated Press reports that a formal announcement will be made by the USPS late in the day on Feb. 6, 2013, by Patrick R. Donahoe, postmaster general and CEO.
The cut will include delivery of all mail except packages, so if you're waiting for a card or a bill to arrive in your mailbox, it won't be delivered on a Saturday beginning on a still undetermined date in August.
However, if you have a post office box, mail will be delivered to the box on Saturdays. Branches that are normally open will still be operational on Saturdays.
The post office does not deliver mail on Sundays and federal holidays. Adding Saturday to the list of non-delivery days may be an inconvenience for some, but it may help the struggling USPS financially.
A savings of as much as $2 million could be realized just from cutting mail delivery on Saturdays.
According to press materials from the USPS, market research indicates that "7 in 10 Americans support the switch to five-day delivery" as a way for the Postal Service to trim costs.