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Post office looking to close offices to save money

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Posted: Jul 26, 2011 2:54 AM
Source: Associated Press

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Topics: post office, postal service, mail, USPS, money, economy

WASHINGTON- The Postal Service is launching a study of thousands of local post offices for possible closure in an effort to save money.

The cash-strapped agency lost $8 billion last year. Postal officials have scheduled a briefing for Tuesday.

Most of the approximately 3,600 offices that face reviews are in rural areas, but postal official say they are looking into alternate service, such as locating offices in businesses, town halls or community centers.

In those cases the so-called Village Post Office would replace one to be closed.

Coming under review doesn't necessarily mean an office will close. The post office announced in January it was reviewing 1,400 offices for closing. So far 280 have been closed and 200 have finished the review process and will remain open.

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