The U.S. Postal Service announced today that it is to drop Saturday deliveries in order to trim costs. Deliveries of parcels and packages will, however, continue on a six-day-a-week basis. The move is scheduled to start in August of this year, and is expected to save $2 billion.
The USPS has long been in financial hell, losing $15.9 billion last year, despite efforts to save money, such as a plan on the environmental front. Last year it announced the cessation of international shipments of electronics with Li-ion batteries, creating a headache for military families.