Are Longer Post-Office Lines In Your Future?

The Postal Service's Board of Governors is directing the agency to speed up restructuring initiatives to cut costs. But an agency statement does not describe what those steps may be. Meanwhile, arbitrators have finalized a new contractbetween the postal service and its letter carriers. It includes modest pay raises and a no-layoff clause. But new letter carriers would start at a lower wage and all would have to pay more for health care. The agency lost nearly $16 billion last year.