Postal Service Eyeing Cuts

By Marcus Gilmer in News on Mar 3, 2010 3:40PM

Facing falling volume and rising debt, the U.S. Postal Service is looking to make some cuts, including an end to Saturday delivery. But it's going to be a hard fight if the USPS wants to get its way. Any changing of work schedules has to be done with the cooperation of the post workers' union which is against the reduction. There's also stiff opposition from the direct marketing lobby (yes, it exists). Overall, from Sept. 30, 2008 to Sept. 30, 2009, the postal service saw a 13 percent dip in volume, more than twice its previous biggest drop as well as $3.8 billion in losses. [WSJ]