Letter carrier Diosdado Gabnat moves boxes of mail into his truck to begin delivery Monday, Dec. 5, 2011, at a post office in Seattle. The cash-strapped U.S. Postal Service said Monday it is seeking to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume. The cuts are part of $3 billion in reductions aimed at helping the agency avert bankruptcy next year. The plant closures are expected to result in the elimination of roughly 28,000 jobs nationwide. (AP Photo/Elaine Thompson)
NEW YORK (AP) — Utility bills are paid, legal briefs are filed and the Christmas shopping all gets done online. But for magazines, clothing catalogues and movies, the mail still matters.
For some mail-dependent businesses, quick and cheap first-class mail service from the U.S. Postal Service is still the best way to reach prospective customers and subscribers. And for many, it’s still an important way to get paid.
The Postal Service, which has been losing money for five years, said Monday that it is shuttering more than 200 mail processing centers, adding at least a day’s wait for many first-class deliveries. The news was met with concern and frustration from some businesses — and shrugs from others that long ago stopped relying on the post office.
“It’s less of a disaster than it would have been 10 years ago, but it’ll be a cash flow crunch for some companies,” said Todd McCracken, president and chief executive of the National Small Login to read more