JOC Staff | Nov 26, 2012 11:20AM EST
The U.S. Postal Service is moving to start a same-day package delivery service for Internet shoppers this holiday season, AP reports.
The post office will team up with major retailers to begin the expedited service, called Metro Post, in San Francisco on Dec. 12, at a price similar to its competitors. If the program is successful, it will expand to other big cities such as Boston, Chicago and New York next year.
The San Francisco deliveries are projected to generate between $10 million and $50 million, according to postal regulatory filings, and the service could yield up to $500 million if expanded to 10 cities, which would help offset declines in first-class and standard mail.
