US Postal Service Plans Major Overhaul to Cut Costs by $3 Billion Annually
Proposed changes will adjust mail delivery times and rely on regional hubs, with no impact on election mail or medications.
- The USPS aims to save $3 billion per year by revising delivery time standards and using regional hubs.
- Local mail will still be delivered within three days, while long-distance mail may take up to five days.
- Election and holiday mail will remain unaffected by the proposed changes, set to begin in 2025.
- The agency has faced significant financial losses, with over $87 billion in losses from 2007 to 2020.
- Public hearings are scheduled to discuss the changes before final approval by the Postal Regulatory Commission.