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Postal Service announces a delay on postponed mail delivery

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Breaking, surprise news that is wholly, entirely unexpected: The U.S. Postal Service announced the planned slowdown of its delivery services will be delayed.

After having stated earlier this month that it's eyeing plans to slash $20-billion-worth of operating costs in four years by shuttering a large number of its 487 nationwide mail processing facilities, the USPS said on Tuesday that plan will be pushed up to May 2012 as a result of persuasion by "multiple U.S. Senators."

Time to cue the 1961 release of The Marvelettes, who no doubt will be pleased by the postponed setback: "Deliver the letter, the sooner the better ..."

Recent years have seen demand for the postal service's capacities dwindle due to the advent of email and instant messaging. It also has seen competition increase in the form of delivery companies such as ( UPS ) and Federal Express ( FDX ).

The Washington Business Journal reports the USPS will resume its study of methods to make its procedure more economically efficient, but the plan is sure to leave First-Class delivery in its wake. Rather than taking one day to deliver mail, the postal service's closure of processing facilities will delay that service to as many as three days.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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