Postal Service Seeks to Slow U.S. Mail Delivery to Cut Costs
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The U.S. Postal Service, which is trying to cut $20 billion in operating costs by 2015, is seeking to slow delivery of letters and bills to help save $2.1 billion a year.
The agency is asking the Postal Regulatory Commission to let it relax delivery standards for first-class mail in the continental U.S. to two to three days, from one to three days, so it can reduce the number of mail-processing plants, David Williams, vice president of network operations, said today at a news conference in Washington.