Page 4 - Sorting Facilities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Last-ditch move to avoid bankruptcy. it could make it xwabl for first class mail to arrive the next day and slow down important deliveries like your monthly medicine and affect how fast you receive things like movies and magazines. >> the fact of the matter is, our network is too big. we've got more capacity in our network than we can afford. we've got to set our network up so that when volumes continues to drop, our network is nimble and flexible enough to respond to those volume losses. >> nbc's tom costello is in washington. there was an expert basically that said people may not pay attenti...

Another example of how he frames it, putting congress on the defensive. >> ed henry live on the north lawn. thank you. the old axiom how neither rain, nor sleet, nor gloom of night could keep the postman from his appointed rounds failed to account for the economic gloom that crippled the service. doug mckelway reports today we found out what is being done about that. >> its business model fell victim to the changing technology of e-mail and social media. that and overly generous retirement benefits led to quasi independent postal service to take $14 billion in losses this year alone and the br...

Commission, and that will take a lots of time so look for the changes probably in early april. but, as you said, the postal service has been hemorrhaging money so the changes will make some very difficult changes. it will result if the shutdown of many sorting facilities across the country. we're talking about 480 present-day facilities reduced to 275 and probably the loss of 35,000 jobs and saving of $3 billion, the timeframe for the mailing of a first-class letter will change. though more overnight delivery on a first-class letter. it will take from two to three days. so, anything that you m...