Postal Service Hears From Businesses on 5-Day Delivery Week

What do CVS Caremark Corp. and a northwest Michigan newspaper have in common? They both rely heavily on Saturday mail delivery. So when the Postal Regulatory Commission held a hearing Monday at City Hall, they came out to speak against the U.S. Postal Service's plan to eliminate Saturday delivery, which would save $3 billion annually. Under the plan, letter carriers would not deliver mail or pick up letters from blue collection boxes on Saturdays. Mail would be accepted at post offices on Saturdays, but it wouldn't be processed until after the weekend. Express mail and remittance mail services would continue seven days a week. The plan comes as the Postal Service is faced with a projected $238 billion deficit over the next decade.