Thursday, December 8, 2011

USPS Downsizing, May Eliminate 252 Facilities

According to a CoStar report, the U.S. Postal Service is planning to move forward with its proposal to change service standards and massive cuts to its real estate footprint, which may include eliminating 252 out of its 487 mail processing facilities.

"The U.S. Postal Service must reduce its operating costs by $20 billion by 2015 in order to return to profitability," said David Williams, vice president, Network Operations. "The proposed changes to service standards will allow for significant consolidation of the postal network in terms of facilities, processing equipment, vehicles and employee workforce and will generate projected net annual savings of approximately $2.1 billion."

In a presentation delivered at a media roundtable organized by the International Post Corporation during the COP 17 climate conference in Durban, South Africa, U.S. Postmaster General Patrick R. Donahoe spoke about the future of the U.S. Postal Service and made the business case to go green. "Leaner, greener, faster and smarter is our sustainability call to action," said Donahoe. "It's environmentally responsible, as well as a very good business decision."

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