Postal Service to delay cutbacks until mid-May

WXIX

WASHINGTON (AP) - The U.S. Postal Service has agreed to delay the closing of 252 mail processing centers and 3,700 local posts until mid-May.

The cash-strapped agency, which is forecast to lose a record $14.1 billion next year, announced last week it was moving forward on cutbacks. It had planned to begin closing processing centers, including the one located on Dalton St. in Cincinnati, as early as April, and shutter some post offices early next year.

A group of senators planned to announce the agreement Tuesday, according to two people familiar with the deal who spoke on condition of anonymity to avoid preempting the announcement.

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Postal Service to delay cutbacks until mid-May »