With plans for a congressional overhaul on hold, the board of governors for the U.S. Postal Service wants the cash-strapped agency to speed up cost-cutting efforts.
Measures previously announced include eliminating Saturday mail delivery and cutting postal processing facilities from 461 to 232 by 2014. The potential savings total $1.2 billion. (Read More: Ailing Post Office Looks to New Congress for Deliverance.)
The Postal Service did not specify what measures it intends to pursue. Spokesman David Partenheimer told CNBC those steps won't be revealed until after postal employees get the details.
Meanwhile, the Postal Regulatory Commission is concerned about a further deterioration of service.