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Postal Service Scraps Plan to Eliminate Six Day Delivery Service

Press release from the issuing company

07/10/01 - The Postal Service will continue with existing six-day delivery service, the Board of Governors announced after hearing preliminary findings of a study examining five-day delivery yesterday. On April 3, 2001, the Postal Service Board of Governors directed management to study cost-savings associated with reducing delivery service to five days, and to study the savings associated with consolidating postal facilities. The facility consolidation study is expected to be completed this fall.