Postal Service releases list of proposed facilities to be shut down

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Source: CNN

Washington (CNN) -- Hundreds of mail-handling facilities have been named in a shutdown list released Thursday by the U.S. Postal Service as the agency tries to cut massive red ink.

The potential closings are the latest chapter in a fundamental overhaul of the agency that may also mean closing thousands of smaller post offices across the country, and cuts in tens of thousands of Postal Service jobs in years to come.

The latest list targets nearly 250 processing facilities and related "network transportation," as the Postal Service calls its distribution system. Postmaster General Patrick Donahoe planned a news conference Thursday to explain the changes.

Read more: http://www.cnn.com/2011/US/09/15/postal.service.cuts/index.html