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Post office wants advice on stopping red ink

The post office is facing billions of dollars in losses and is considering a variety of ways to cut costs.
/ Source: The Associated Press

The post office is facing billions of dollars in losses and is considering a variety of ways to cut costs.

Both the commission that oversees the U.S. Postal Service and the post office's inpector general are seeking comment and suggestions from the public. The post office has reduced its workforce by about 200,000 over the last few years and more cuts may be possible.

Other cost-savings being considered include eliminating Saturday mail delivery, generating revenue from new products, raising rates, closing offices and restructuring mail processing centers.

People interested in commenting can do so at:

Postal Regulatory Commission: http://www.prc.gov/.

Postal Inspector General: http://blog.uspsoig.gov/.