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WASHINGTON (CBSDC) — The U.S. Postal Service is discontinuing delivery of first class mail on Saturdays by August 1. Priority mail and packages will still be delivered six days a week.
The move is expected to save the financially struggling USPS around $2 billion annually.
While delivery of traditional mail has declined steadily, shipment of packages has risen by 14 percent since 2010, the Associate Press reports.
The agency will formally announce plans during a Wednesday press conference.
SOURCE: http://washington.cbslocal.com/2013/02/06/usps-to-end-saturday-mail-delivery-to-end-by-aug-1/
I think the press conference is scheduled for 10:00AM EST today to announce...
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