The United States Postal Service asked Congress for permission to stop delivering mail on Saturdays, citing drastic cyclical conditions as well as the continuing secular decline in “snail mail”.

The move, which would be likely to provoke a backlash from the public, would help stave off projected losses in 2009 of more than 6 billion dollars.

The Postal Service Representative did not estimate how much the Postal Service would save by abandoning the six-day delivery week.

Read (Financial Times)