Take Two for February 6, 2013

US Postal Service to end Saturday delivery by August

U.S. Postal Service Makes Major Restructuring Announcement

Win McNamee/Getty Images

Postmaster General Patrick Donahoe speaks during a press conference at U.S. Postal Service headquarters February 6, 2013 in Washington, DC. The U.S. Postal Service will stop Saturday mail delivery beginning in August, but will still offer parcel delivery six days a week in a plan aimed at saving approximately $2 billion annually.

Well, starting this August the postman only rings five times a week.

The struggling U.S. Postal Servive has announced it is cutting Saturday mail delivery. It's a move that has been anticipated for some time as the agency has sunk deeper into financial instability.

It's been estimated the post office loses millions of dollars a day as consumers have moved away from physical mail to paying bills and communicating online.

We're joined now by Heidi Moore, who's been reporting on the Post Office for the Guardian.  


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