Broke US Postal Service Cuts Saturday Delivery

Wednesday, February 6, 2013
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/06/2013

The completely bankrupt US Postal Service, employer of some 500,000 government workers, which for the past two quarters has been surviving on liquidity fumes even as it posted it biggest ever loss in Fiscal 2012, and which recently announced its latest stamp price hike (which bought it two extra weeks of time), has just disclosed what was long anticipated: the end of Saturday mail delivery – a crushing blow to shippers of junk mail everywhere.

The Rest…HERE

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