Postal

USPS May Abolish Next-Day Service

The U.S. Postal Service will propose a cost-saving measure on Monday that would abolish next-day delivery for first-class mail. The proposal will include changing the standard of first-class mail from one to three days to two to five days. A postal service spokeswoman said, “These changes are being proposed because they will allow for significant consolidation of the entire postal network in terms of facilities, processing equipment, vehicles, and employee workforce.” The USPS has racked up $5.1 billion in debt this year, and needs to pay $5.5 billion to its health-care retirement fund by Dec. 18.