Washington, D.C. - Wednesday marked the first day that the USPS officially requested a review from the Postal Regulatory Commission on its plan to drop Saturday service, and officially reduce deliveries to only five days a week.
As recently as 2006 the USPS was still shipping over 200 billion items a year. That number, however, is expected to drop by 25% by the year 2020, and the decrease in revenue and deliveries has caused the USPS to review its Saturday delivery service.
After a $3.8-billion loss last year, and an expected loss of up to $7 billion this year, Saturday services are not the only thing on the chopping block - which is estimated to save about $3 billion a year. The USPS will still need Congress to approve the changes.