WASHINGTON — The post office is renewing its drive to drop Saturday delivery – and plans a rate increase – in an effort to fend off a projected $7 billion loss this year.
Without drastic action the agency could face a cumulative loss of $238 billion over 10 years, Postmaster General John Potter said in releasing a series of consultant reports on agency operations and its outlook.
"The projections going forward are not bright," Potter told reporters in a briefing. But, he added, "all is not
lost ... we can right this ship.
Hi Gang:
In my opinoion, the postal service has been struggling for a while now. Even with several rate increases, and now the possibility of no mail on Saturdays.
What is next.......
PMM