January 29, 2009

Post Office lobbies Congress for 5 day-a-week Mail Delivery

Trying to find some sort of financial relief, the US Post Office suggests cutting back on its mail delivery days going from a 6 day mail week to a 5 day mail week. After losing over $2.8 billion last year, the post office estimates it will lose up to $6 million or more this year. With rising costs in a recession and dwindling mail volume, Postmaster General John E. Potter doesn’t think a 6 day mail week is economically feasible.

Studies have shown that decreasing mail delivery days from six to five could save the post office between $1.9 billion to $3.5 billion per year. It doesn’t necessarily mean the end of Saturday mail delivery – other days like Tuesday are being considered.

    Other options being considered:

  • Relief from $5.8 billion obligation to pre-fund retirement health insurance
  • Closing rural and small offices
  • Reduce routes

Both the Miami Herald and Direct have great articles with more information.

What surprises me is why no one has talked about reducing the massive pension plans the USPS has for its employees. I know it won’t win any political favor – not to mention, the unions will go crazy. But, the USPS just simply can’t afford to be paying so much to previous workers and break even. What do you think the USPS should do?

posted by Beatriz Alemar @ 3:36 AM  

  • carlos Izquierdo

    close Saturdays

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    Carlos,

    While Saturday is a good option, I personally wouldn’t mind if Tuesday closed. I would rather have one day a week where I can go the the post office without worrying about getting back to work on time or using up my lunch hour. Tuesdays on the other hand, have very low mail volume – I’m sure no one would really miss Tuesday.

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