GAO: Ending Saturday Mail Could Save Billions

Tuesday, 29 Mar 2011 04:51 PM

 

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON (AP) — The Postal service could save a substantial amount of money by reducing mail delivery to five days, the Government Accountability Office said Tuesday.

The post office, which lost $8.5 billion last year, has proposed eliminating Saturday delivery as one of several moves aimed at reducing costs.

Postal officials have estimated the change would save $3.1 billion annually, and a new GAO study agreed that savings would be large, depending on how efficiently the cutback is handled.

In its analysis, GAO looked back at postal operations in 2009 and calculated that if there had been no Saturday delivery that year the post office would have saved $3.3 billion.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  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:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Twitter to Track Which Apps Its Users Have

Wednesday, 26 Nov 2014 22:22 PM

If you use Twitter on your cellphone, the social media site will soon begin tracking which apps you use unless you activ . . .

Harry Reid: 'We Sure Do Like' Pope Francis

Wednesday, 26 Nov 2014 22:09 PM

Senate Majority Leader Harry Reid, a Mormon, says he's an unabashed fan of Roman Catholic Pope Francis. . . .

GSK Ebola Vaccine Fast-tracked for Human Trials

Wednesday, 26 Nov 2014 20:37 PM

Preliminary results in human volunteers are promising from U.S. trials of one of the leading Ebola vaccine candidates. . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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