Postal Service wants to close, merge post offices

With its revenues plummeting along with mail volume, because of the recession and correspondence moving to the Internet, the U.S. Postal Service yesterday sent the Postal Regulatory Commission a list of 700 post offices it plans to close or consolidate. The list appears to be entirely urban branches, but Randolph Schmid of The Associated Press notes, "The post office also filed a petition with the . . . commission indicating that managers are looking at closing many post offices to save money." And that might affect rural areas. (Read more)