John Bacon and Donna Leinwand Leger, USA TODAY1:42p.m. EST February 6, 2013
The service reduction begins in August, but six-day package delivery will continue.
WASHINGTON — The U.S. Postal Service took another major step in its battle for fiscal viability Wednesday, announcing plans to halt Saturday delivery of first-class mail.
Postmaster General Patrick Donahoe said package delivery, which has seen growth in recent years as online purchasing booms, will continue when the plan is implemented in August. He said the plan is expected to save $2 billion annually.
“It’s an important part of our strategy to return to financial stability,” he said