Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

12/5/2011 (3 years ago)

Catholic Online (www.catholic.org)

Delivering a first class letter will now take longer.

On Monday, the US Postal Service is expected to announce more than $3 billion in cuts that everyone will be sure to notice. The cuts are necessary because the organization continues to operate in the red, and Congress has not signaled that they will be delivering any help to the ailing institution.

Postal Service expected to save billions through deep cuts.

Postal Service expected to save billions through deep cuts.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

12/5/2011 (3 years ago)

Published in Business & Economics

Keywords: Postal Service, cuts, first-class mail, delivery


WASHINGTON, DC (Catholic Online) - Currently, the US Postal Service does a good job moving unprecedented amounts of mail very rapidly from one place to another. For a long time, it has been taken for granted that in cases of local delivery, a stamped first-class letter will almost always arrive the very next day. This will not be the case in the future.

The Postal Service is warning that people should expect to see delivery times for first-class mail increase by 1 to 2 days. Even local mail delivery will slow down by at least a day.

Some analysts warn that while the move might save the post office money in the short term, they could also push yet more business to the internet, meaning more revenue losses for the Postal Service in future years.

The fact of the matter is, the Internet has nearly replaced the Postal Service. Virtually any first-class material that has been traditionally delivered by the Postal Service, can now be delivered virtually via the Internet. Even statements, bills, and payments are now routinely sent by electronic means as an effort by agencies and firms to save on postage costs.

The cuts that will be announced on Monday will be focused on the closure of almost half of the 500 mail processing centers throughout the United States. The closures are set to begin next March.
The closure of the centers will slow first-class mail delivery which currently is delivered within one to three days. Officials from the Postal Service say that mail will now take 2 to 3 days for delivery. Periodicals, they warn, could take up to nine days for delivery.

In addition to closing the processing centers, about 3,700 local post offices are also expected to be shuttered. As many as 100,000 employees could see their jobs cut as a result of the closures. These job cuts are expected to save the Postal Service up to $6.5 billion per year.

The Postmaster General Patrick Donahoe has also announced that the agency intends to cut back mail delivery to five days per week, and will eliminate Saturday service. The agency also wants to raise stamp prices, and reduce health care and labor costs.

While to some, the Postal Service has become an anachronism, still it is an important government service. Many expect that over the next year as cuts and changes take effect, Americans will begin to realize that the Postal Service is a valued entity that has long been taken for granted. On Monday, the writing will go on the wall. 

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2015
Universal:
That political responsibility may be lived at all levels as a high form of charity.
Evangelization: That, amid social inequalities, Latin American Christians may bear witness to love for the poor and contribute to a more fraternal society.



Comments


More Business & Economics

Islamic State attempts to replace the U.S. dollar with gold coins Watch

Image of A five denar piece featuring a picture of seven wheat stalks, representing the

By Kenya Sinclair (NEWS CONSORTIUM)

The Islamic State has announced it will be producing gold currency with the goal of weakening the dollar. LOS ANGELES, CA (Catholic Online) - A video posted Saturday, August 29th by the Islamic State warns that replacing the dollar will be "the second blow to America's ... continue reading


Art collectors seek liquidity as market plummets Watch

Image of Picasso piece auctioned for a record $179.4 million.

By Atarah Haely (NEWS CONSORTIUM)

Inquiries about art loans reportedly increased after global equities plunged. The unfortunate event led many to view their collections as assets and investment to cash-in.  MUNTINLUPA, PHILIPPINES (Catholic Online) - Bloomberg Business reports many collectors and ... continue reading


BIRTHING PAINS - America on brink as markets plunge Watch

Image of Market collapse is just one of many signs that the end is approaching. What comes next?

By David Drudge, Catholic Online (NEWS CONSORTIUM)

The U.S. stock market opened with a bang on Monday, and it appears to be the same sound you hear when something catastrophic happens to your engine. Several commentators have already dubbed the day, "Black Monday" as the market appeared to be on track for its largest ... continue reading


FINALLY: Researchers reveal that sex does not sell Watch

Image of Sex and violence is not an edge in advertising.

By Linky C. (NEWS CONSORTIUM)

Maybe sex doesn't sell after all. This is what studies reveal in a recent academic journal released by the Psychological Bulletin. MUNTINLUPA CITY, PHILIPPINES (Catholic Online) - Violence and sex in commercials does not appear to sell anymore. Compared to themes and ... continue reading


3 great tips on how to spot an online purchasing scam Watch

Image of

By Talia Ramos (NEWS CONSORTIUM)

With a growing population of people having internet access worldwide, there are a lot of businesses outsourced from the World Wide Web. Online shops sprout left and right because of easy access and an almost free platform, but limits in security are present. If ever ... continue reading


BLEEDING U.S. DRY: Federal taxes draining as much as $17,955 per worker Watch

Image of Tax revenues are about $183,397,970,000 in constant 2015 dollars from the $2,489,016,030,000 in revenue that the Treasury collected for 10 months in fiscal 2014.

By Catholic Online (NEWS CONSORTIUM)

They are bleeding the U.S. - and us, dry with massive amounts of taxation. The federal government collected a record of approximately $2,672,414,000,000 in tax revenues through the first ten months of fiscal 2015. And yet - that national deficit just keeps on getting ... continue reading


National debt frozen at $18,112,975,000,000 for 150 days Watch

Image of Treasury Secretary Jacob Lew explained in a letter dated March 13 that some steps the Treasury would take during the debt issuance suspension period.

By Catholic Online (NEWS CONSORTIUM)

Treasury Secretary Jacob Lew has sent out a letter to Congressional leaders telling them that he was extending a "debt issuance suspension period" through October 30. The amount of the federal debt subjected to a legal limit set by Congress closed on Monday, August 10, ... continue reading


America needs Catholic leadership now, and here's how you can make it happen Watch

Image of Rallies have erupted across the country blaming the wealthy for the plight of the poor, but the truth is, everyone is to blame. Regardless of blame, it's time to talk about what to do, and that talk should be informed by Catholic teaching.

By Marshall Connolly, Catholic Online (NEWS CONSORTIUM)

The stock market is poised for a collapse and that's not a good thing for American jobs. As growth slows and the risk of another recession looms, Americans are left to wonder where the good times have gone.  LOS ANGELES, CA (Catholic Online) - Americans are barely ... continue reading


Pope's environmental encyclical clashes with Catholic Church's investments in oil Watch

Image of The pope's encyclical has prompted debate in Catholic organizations and other churches about divestment. To date, many major American dioceses have resisted the push.

By Catholic Online (NEWS CONSORTIUM)

It's a conflict of interest that concerns many. Pope Francis, with the release of his encyclical, called attention to world ecology and how much climate change - as well as the exploitation of the poor, hinges on "highly polluting fossil fuels." While this is ... continue reading


Print Struggles: Internet becomes United States' Number One source for news Watch

Image of Newspapers in seeing the digital revolution have now since gone online.

By Catholic Online (NEWS CONSORTIUM)

When people in the United States want to hear about what's breaking in the news - they turn not to newspapers or TV, but online news sources. The immediacy of online news and its ability to instantly update stories while they happen has many other forms of mass ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Colossians 1:9-14
9 That is why, ever since the day he told us, we have ... Read More

Psalm, Psalms 98:2-3, 3-4, 5-6
2 Yahweh has made known his saving power, revealed ... Read More

Gospel, Luke 5:1-11
1 Now it happened that he was standing one day by the ... Read More

Saint of the Day

Saint of the Day for September 3rd, 2015 Image

Pope Saint Gregory the Great
September 3: St. Gregory, born at Rome about the year 540, was the son of ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter