Latest News on Closings

Outbound Mail: USPS Targets Thousands of Branches for Closure

Post Office Looking at Consolidation of 3,243 of its 4,851 LARGEST Branches and Stations

The news of U.S. Postal Service (USPS) closures has been trickling out in local communities. But a closer examination behind the reports finds the potential for a major flood of closings. The Postal Service sent a notice to American Postal Workers Union executives this summer that it was considering consolidation options in every major metro market in the country and would consider closing 3,243 of its 4,851 largest branches and centers in the review process. The markets have been identified, the exact locations have not - although the USPS has already stamped almost one-fourth of the ones it has studied as disposable, according to postal union officials. The review process was to last most of the summer (or more if Congress gets involved, and you know they will) but they want the consolidation to occur by October 2010.

According to USPS records, it owns 8,546 facilities totaling 219.6 million square feet and leases another 25,272 locations totaling 912.2 million square feet. Many, if not most, of those locations are counters in various retail locations occupying less than 1,000 square feet. The consolidations the USPS are studying are for larger locations of a few thousand to tens of thousands of square feet - most of it leased

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