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I found an interesting and sobering article while searching through the news this morning. It appears that the U.S. Postal Service may close up to 1,000 local offices thanks to snowballing financial issues. There are other options, including: reducing post office hours, consolidating processing centers, and doing away with Saturday delivery. Last Thursday, the Postal Service presented a list of 681 post offices that it will study for possible closure, with most of them in urban areas - located close to other offices. Such a move would not impact delivery at homes and businesses. Ending Saturday delivery is expected to save $2 billion to $3 billion a year, as current mail volumes can't support Saturday (six-day) delivery. According to the article, the volume of regular mail dropped 5% last year and is expected to drop 15% in 2009 --- this would result in a $7billion loss.Post Office posts
FeedPost Office may cut delivery, close branches
I found an interesting and sobering article while searching through the news this morning. It appears that the U.S. Postal Service may close up to 1,000 local offices thanks to snowballing financial issues. There are other options, including: reducing post office hours, consolidating processing centers, and doing away with Saturday delivery. Last Thursday, the Postal Service presented a list of 681 post offices that it will study for possible closure, with most of them in urban areas - located close to other offices. Such a move would not impact delivery at homes and businesses. Ending Saturday delivery is expected to save $2 billion to $3 billion a year, as current mail volumes can't support Saturday (six-day) delivery. According to the article, the volume of regular mail dropped 5% last year and is expected to drop 15% in 2009 --- this would result in a $7billion loss.Continue reading Post Office may cut delivery, close branches
USPS introduces 'Forever' stamp
Here I am in my early 30s, already complaining about how inexpensive things used to be. While my grandparents would tell me about their 10-cent movie dates or $10,000 homes, I recall the 22-cent stamp fairly vividly (apparently, when I was born, my birth announcements could have been sent for a dime a pop). In my memory, I've seen the price of sending first-class correspondence rise from under a quarter to, as of May 14, 41 cents. In fact, rates have been hiked 13 times in 32 years. But folks wanting to plan ahead can stock up on the "forever first-class stamp," unveiled this morning at the National Postal Forum. The stamp, featuring an image of the Liberty Bell, will go on sale April 12 for 41 cents but will feature the word "forever" instead of a price. The plan is for this stamp to remain valid into perpetuity, even as postal rates inevitably climb. Introducing the new postage, Postmaster General John E. Potter quipped, "Who said nothing lasts forever?"
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