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Wednesday, April 7, 2010 as of 11:14 AM ET

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Postal Service

Mail, or post, is a system for transporting letters and other tangible objects: written documents, typically enclosed in envelopes, and also small packages are delivered to destinations around the world.

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Snow, rain no problem, but US Postal Service cutbacks could add day to 1st-class mail

Utility bills are paid, legal briefs are filed and the Christmas shopping all gets done online.

But for magazines, clothing catalogues and movies, the mail still matters.For some mail-dependent businesses, quick and cheap first-class mail service from the U.S. Postal Service is still the best way to reach prospective customers and subscribers. And for many, it's still an important way to get paid.The Postal Service, which has been losing money for five years, said Monday that it is shuttering more than 200 mail processing centers, adding at least a day's wait for many first-class deliveries. The news was met with concern and frustration from some businesses — and shrugs from others that long ago stopped relying on the post office."It's less of a disaster than it would have been 10 years ago, but it'll be a cash flow crunch for some companies," said Todd McCracken, president and chief executive of the National Small Business Association. "It'll be longer to get your invoice, and longer ...

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  1. U .S . Postal Service to Delay Closures for Five Months

    The U.S. Postal Service has agreed to delay the closing of 252 mail processing centers and 3,700 local post offices until mid-May.The cash-strapped agency, which is ...

  2. Closing of Iconic Post Office Would Not Please Ben Franklin

    The Ben Franklin post office in Philadelphia was informed Tuesday that it will likely be shut down, as the U.S. Postal Service attempts to reel in spending by closin...

  3. Is It Time to Do Away With the Postal Service ?

    The U.S. Postal Service, which has lost nearly a third of its first class mail volume in the last decade, announced Monday that it will slow its delivery service beg...

  4. Facing $8 billion or more in losses, Postal Service goes to Congress to discuss options

    Postmaster General Patrick Donahoe warned that the Postal Service is on "the brink of default" as he battles to keep his agency solvent. Without legislation by Sept....

  5. Labor Fight Goes Postal as Unions Rip USPS Cost-Cutting Plan to Slash Jobs, Revamp Benefits

    After skirmishes in Wisconsin, Ohio and Indiana, the next big union battle is brewing at your local post office.The U.S. Postal Service ’s two largest unions blasted...

  6. After U .S . Postal Service Complaint, Burger King Agrees to Modify Ad

    The U.S. Postal Service wants Americans to know that even the temptation of French toast sticks and a Double Crossain'wich wouldn't stop its letter carriers from del...

  7. Junk Mail?

    Government Accounting Office labels U . S . Postal Service a 'high-risk' operation

  8. Issa Warns of New Bailout as Postal Service Suspends Pension Contributions

    WASHINGTON -- Rep. Darrell Issa on Wednesday called for the U.S. Postal Service to clean itself up to avoid a potential taxpayer bailout, after the broke mail servic...

  9. Counterfeit Stamps Giving Postal Service a Lickin’

    As the U.S. Postal Service grapples with service cuts and massive budget shortfalls, an estimated $134.4 million dollars of its annual revenue is quietly slipping aw...

  10. Postal Service to Delay Cutbacks Until Mid-May, Staving Off Bankruptcy

    The U.S. Postal Service on Tuesday agreed to delay the closing of 252 mail processing centers and 3,700 local post offices until mid-May.In a statement, the cash-str...

  11. Prosecutors won't charge cyclist Lance Armstrong

    Lance Armstrong is used to winning, but his most recent victory was unlike any he had experienced before.Federal prosecutors dropped their investigation of the seven...

  12. Prosecutors close Armstrong inquiry, no charges

    Federal prosecutors dropped their investigation of Lance Armstrong on Friday, ending a nearly two-year effort aimed at determining whether the seven-time Tour de Fra...

  1. U .S . Postal Service Near Default

    Financially troubled agency wants Congress to act

  2. US Postal Service to Allow America's Favorite Living Celebrities on Stamps

    Americans will soon have a chance stay stuck on their favorite celebrities in the form of a U.S. postage stamp.The U.S. Postal Service is reportedly changing its lon...

  3. Miami postal service worker dies after falling into storm drain while searching for cell phone

    U.S. Postal Service officials in Miami say an employee died when he tumbled into a storm drain while searching for his cell phone.Postal Service spokeswoman Debbie F...

  4. Delivery-Time, Workforce Reductions Aim to Save Billions For USPS

    The U.S. Postal Service, having lost 29 percent of its first-class mail volume in the last decade, will slow its delivery service beginning next spring -- the first ...

  5. U .S . Postal Service Changes

    Cutting Saturday and next-day deliveries

  6. After Another Quarterly Loss, Postal Service Licks Its Wounds

    Please Mr. Postman! Not another federal bailout!That’s one of the scenarios looming on the horizon after the U.S. Postal Service released its latest financial report...

  7. Senators Propose Allowing Postal Service to Ship Wine, Beer as Part of Reform Plan

    As the U.S. Postal Service faces a growing financial crisis, U.S. senators think the agency can solve some of its problems by turning to alcohol. Lawmakers introduce...

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