Bloomberg--The U.S. Postal Service would save $1.7 billion a year, not the $3.1 billion it projects, by cutting Saturday mail delivery, its regulator estimated.

The Postal Regulatory Commission, which oversees the Postal Service's operations and its rates, in a report today questioned the agency's request to eliminate Saturday mail delivery as a way to cut costs following five consecutive quarters of losses and plummeting mail volume.  Read more!
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