By Larry Teren
Come August 2013 no more Saturday delivery of first class mail and magazines from the U.S. Post Office. Or at least, so they say. After hearing this pronouncement the other day, I happened to catch a substitute letter carrier in front of my condominium. I asked him how this change in service affects his job. He said his regular work is to deliver small packages, a service that will continue on Saturdays. But, he did think that the stoppage of regular mail delivery will not pass union approval since many jobs will be lost.
Supposedly, the US Postal Service lost $8.5 billion in 2010. In the 2012 budget year, it suffered almost double the loss- $15.9 billion. Dropping mail delivery one extra day will save $2 billion a year. Others predict it will save even more- up to $3 billion including reduction in energy use.
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