In a last-ditch effort to save itself from bankruptcy, the Postal Service is forging ahead with plans to close half of its 500 mail processing centers and roughly 3,700 of its post offices. The result: Deliveries will take longer.
The U.S. Postal Service is expected to release a list Tuesday of 3,653 post offices it will consider shuttering, according to several media outlets. The USPS lost more than $2.2 billion last quarter, and has warned that it will run out of money in September, so such closures are probably inevitable.