US Post Service abandoning Saturday mail delivery

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The US 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.

As of August 1, all first-class mail—which includes pretty much all letters, bills, cards, and catalogs—will only be delivered on weekdays. Packages, express, and Priority Mail will still get dropped off on the weekend. The change would mark the end of weekend deliveries for the first time in 150 years.

The move is designed to save a company that is collapsing under mountains of debt, soaring costs, and a steep decline in customers. The USPS has cut more than 35 precent of its workforce in recent years, closed hundreds of offices, and cut back hours at the ones that remain open. Yet, the outfit is still losing more than $40 million a day, and is hamstrung by federal regulations that prevent it from making any major decisions (like rate hikes) without Congressional approval.

Unfortunately, canceling Saturday delivery would not even being to fill in the company’s giant financial sinkhole. Officials estimate that dropping first-class mail to five days a week will save $2 billion a year. Last year, they lost $16 billion.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.