Aug. 21 2011 03:13 PM

Journal of Commerce--The U.S. Postal Service is ending an experimental freight-hauling program as it faces massive losses, layoffs and a network-wide consolidation.

The program allowed the USPS to pursue less-than-truckload freight to correct imbalances of mail volume hauled between cities, filling out trailer cube. However, the cash-starved postal service is reviewing closing 3,700 offices across the country and considering laying off as many as 120,000 employees.

That sweeping reorganization and shrinking of the postal network would cut into revenue opportunities for the two-year-old Collaborative Logistics program.
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