Dec 5, 2011 at 11:16 am
WASHINGTON (AP) — The cash-strapped U.S. Postal Service says it wants to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume.
At a news briefing Monday, postal vice president David Williams said the agency wants to virtually eliminate the chance for stamped letters to arrive the next day to help avert possible bankruptcy next year.
Williams says the postal service is not "writing off first class mail" but that it must respond to new market realities in which people are turning more to the Internet for email communications and bill payment.
After reaching a peak in 2006, first-class mail volume is now at 78 million. It is projected to drop by roughly half by 2020.
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