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USPS closings making small businesses nervous

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Author Topic: USPS closings making small businesses nervous  (Read 3635 times)
Psalm 51:17
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« on: December 04, 2011, 09:28:55 pm »

http://www.washingtonpost.com/business/industries/facing-bankruptcy-postal-service-pushes-forward-with-big-cuts-to-first-class-mail-next-spring/2011/12/04/gIQABN7CSO_story.html?wprss=rss_national

12/4/11

Facing bankruptcy, Postal Service pushes forward with big cuts to first-class mail next spring

WASHINGTON — Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day.

The estimated $3 billion in reductions, to be announced in broader detail on Monday, are part of a wide-ranging effort by the cash-strapped Postal Service to quickly trim costs, seeing no immediate help from Congress.

The changes would provide short-term relief, but ultimately could prove counterproductive, pushing more of America’s business onto the Internet. They could slow everything from check payments to Netflix’s DVDs-by-mail, add costs to mail-order prescription drugs, and threaten the existence of newspapers and time-sensitive magazines delivered by postal carrier to far-flung suburban and rural communities.

That birthday card mailed first-class to Mom also could arrive a day or two late, if people don’t plan ahead.

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