The USPS is cutting Saturday service this summer. In a cost cutting measure, the USPS will stop delivering mail on Saturdays, though they do plan on continuing to deliver packages on the weekend. According to a report from Wednesday (Feb. 6), the delivery and collection services for first-class mail and letters will come to an end on Aug. 5.
Early estimates have the Postal Service saving as much as $2 billion per year in this move. That's a huge number when it comes to balancing their budget, but it could also take a few years to recover from the deficit that they have been running. The report from 2012 was that the Postal Service had lost about $16 billion through its operating expenses.
Some Americans may not even notice that there has been a shift in policy, but for businesses it could become even more important to make sure that mailers go out earlier in the week. This may also not be the last cut in services that organization has to deal with, because even more money needs to be saved than this. Expect that the USPS cut of Saturdays is just one step in the path to getting a balanced budget.
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