Postal Service: Will Keep Rural Post Offices Open

(WASHINGTON) — The U.S. Postal Service will stop delivering mail on Saturdays but continue to deliver packages six days a week under a plan aimed at saving about $2 billion, the financially struggling agency says. In an announcement scheduled for later Wednesday, the service is expected to say the Saturday mail cutback would begin in August. (MORE: U.S.

Service expected to start cutback in August tha

The struggling U.S. Postal Service is trying to tamp down concern over its wide-scale cuts, saying it will seek to keep hundreds of rural post offices open with shorter hours.

The struggling U.S. Postal Service is trying to tamp down concern over its wide-scale cuts, saying it will seek to keep hundreds of rural post offices open with shorter hours.

Wednesday’s announcement that the United States Postal Service would halt Saturday delivery to help fix its financial mess sounded like a good move for the deficit-laden agency. After all, Postmaster General Patrick Donahoe says it will save the post office $2 billion a year. But put in the context of $20 billion projected annual deficits, that $2 billion savings starts to look a lot less substantial.

Wednesday’s announcement that the United States Postal Service would halt Saturday delivery to help fix its financial mess sounded like a good move for the deficit-laden agency. After all, Postmaster General Patrick Donahoe says it will save the post office $2 billion a year. But put in the context of $20 billion projected annual deficits, that $2 billion savings starts to look a lot less substantial.