Postal Service Plans to Slow Down 1st Class Deliveries

Declining mail volume and cash shortfall are forcing changes

Neither rain nor sleet nor gloom of night can slow down mail deliveries. For that, it takes a budget crisis.

The U.S. Postal Service announced Monday it will be closing 252 mail processing centers and no longer be aiming to deliver first-class mail within 24 hours.

The change is part of a $3 billion service reduction the agency will be instituting in the spring aimed at averting bankruptcy.

First-class mail has long been the bread and butter for the USPS, covering 40 percent of its expenses.

But the reality is the volume of first-class mail has been declining for a decade as more people use email or computer bill-pay services.

The plan will lead to the elimination of roughly 28,000 jobs nationwide.

The cost of mailing a first-class letter goes up a penny to 45 cents on Jan. 22. 

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