The financially-troubled US Postal Service announced Wednesday that in order to save $2 billion annually, it would seek to end the traditional delivery of the Saturday mail beginning in August.
Packages would still be delivered. Mail addressed to PO Boxes will still be delivered on Saturdays. Post Offices currently open on Saturdays will remain open on Saturdays.
But advertisements, bills and birthday cards destined for street addresses would be held until Monday.
The reasons are continued economic struggles and the increasing use of the Internet for communications and bill paying by consumers. The U.S. Postal Service is also the only federal agency required to pre-fund health benefits for retirees, and the costs are escalating quickly.
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