Three-Day-a-Week Mail Delivery Forecasted by Postmaster General
He also projects a rise in the 1st class mail rate to 45-cents within three years.
Donahoe's forecast is based on a projected $8.3 billion loss this year as the drift from paper to electronic communication hammers the Postal Service.
Shown above, Postmaster General Patrick Donahoe.
Click here to read the entire article and watch a video interview with Postmaster General Donahue.