Postal Service May Slow Delivery to Save $1.5 Billion

Wednesday, 24 Aug 2011 05:02 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Slowing down the delivery for first-class and Priority Mail could save the U.S. Postal Service $1.5 billion a year, according to a new study. Postal executives are considering the idea and may announce plans after Labor Day, The Washington Post reported.

Postal Service, first class, priorityFirst-class and Priority Mail generally are promised for delivery in two to three days. Relaxing the schedule by a day would cut an estimated $336 million in premium pay for employees that currently work overnight and Sunday to meet the deliveries, according to the Christensen Associates study, which the Postal Service’s inspector general commissioned, the Post reported.

The study also said the move would save an addition $1.1 billion by delivering some Priority Mail by ground instead of air, consolidating mail-processing facilities and employing fewer workers, the Post reported.

First-class mail volume will drop by about 28 billion pieces annually by 2020, but volume for standard mail is expected to remain flat at 50 billion pieces annually, the study says.

“Some of the Postal Service’s largest business mailers have stated that they value consistency over speed and they would tolerate slightly slower service to save costs,” according to the study.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Top Colorado Court Halts Gay Marriages in Boulder

Tuesday, 29 Jul 2014 18:56 PM

Boulder County must stop issuing marriage licenses to gay couples while the Colorado Supreme Court considers an appeal f . . .

Last Crew Member of Enola Gay Dies in Georgia

Tuesday, 29 Jul 2014 18:54 PM

The last surviving member of the crew that dropped an atomic bomb on Hiroshima, hastening the end of World War II and fo . . .

Fresno School Slammed for Hiring White Teacher for Cultural Studies

Tuesday, 29 Jul 2014 16:25 PM

A flap over whether a white teacher should lead a class on African-American, Latino, and Southeast Asian cultural studie . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved