- Bargaineering - http://www.bargaineering.com/articles -

USPS Closing 250 Mail Processing Centers, Longer Ship Times

The USPS announced that it would be closing [3] roughly 250 of the almost 500 mail processing centers across the nation starting as early as March 2012. This is in addition to the planned closing of 3700 local post offices. In total, approximately 100,000 postal employees could be fired. Interestingly enough, these are all steps that the USPS can take on its own without Congressional approval. Congressional approval is required for other items such as reducing delivery to five days a week (eliminating Saturday delivery [4]), raising stamp prices, and adjusting other labor costs like health care.

These closure are expected to save the post office billions but will result in slower delivery (fewer processing centers = slower processing). First class mail is supposed to be delivered in one to three days, now it’ll take two to three days. Finally, all this happening is in the face of a one cent increase in first-class mail prices starting January 22nd [5].

Takeaway? Buy some Forever Stamps if you are running low, prices go up 2.27% next year.