U.S. Postal Service to cut Saturday mail to trim costs
WASHINGTON (AP) — The financially struggling U.S. Postal Service said Wednesday it will stop delivering mail on Saturdays but continue to disburse packages six days a week, an apparent end-run around an unaccommodating Congress.
The service expects the Saturday mail cutback to begin the week of Aug. 5 and to save about $2 billion annually, said Postmaster General and CEO Patrick R. Donahoe.
"Our financial condition is urgent," Donahoe told a press conference.
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