It's been debated for months, but on Wednesday the United States Postal Service announced it's not going to deliver first-class mail on Saturdays anymore.
The postal service said on Wednesday it will continue to deliver packages, mail-order medicine, and express mail on Saturday, but not letters, bills, cards, and catalogs. Post offices which are now open on Saturdays will continue to be open on Saturdays.
“The Postal Service is advancing an important new approach to delivery that reflects the strong growth of our package business and responds to the financial realities resulting from America’s changing mailing habits,” said Patrick R. Donahoe, Postmaster General and CEO at a news conference to announce the changes. Package deliveries rose 8.7 percent in the 2012 fiscal year.
The move is meant to save the financially struggling, 237-year-old agency about $2 billion annually as it wrestles with the rising popularity of email and social media eating away at its core business of delivering mail. It's also meant to counter the climbing costs of funding future retiree health benefits to its workers, as mandated by Congress, which oversees the independent agency of the government.
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