The U.S. Postal Service announced last week beginning Aug. 5, it will drastically reduce its Saturday delivery services.
Under the cost-cutting measures, Saturday delivery of mail such as letters and magazines going to street addresses will end. Mail would still be delivered to P.O. Boxes, post offices open on Saturdays would remain open and delivery of packages of all size would continue. The move is expected to save the beleaguered government service $2 billion a year. The USPS had a net loss of $15.9 billion in 2012.