The Postal Service today announced a list of 140 mail processing and distribution facilities which will be consolidated over the next two years, saving an estimated $2.1 billion each year, all part of an effort to stem the tide of red ink at the Postal Service.

In a news release, the Postal Service said another 89 could be consolidated starting February 2014 if needed.

"We simply do not have the mail volumes to justify the size and capacity of our current mail processing network. To return to long-term profitability and financial stability while keeping mail affordable, we must match our network to the anticipated workload," said Postmaster General Patrick Donahoe.

Here is the list - the facilities on the left will lose work, while the facilities on the right will gain in these consolidations.

USPS Modeled Processing Network, Phase 1, May 17, 2012

Potential to Consolidate*

* Pre-Decisional and subject to modification based upon legislative service standard requirements and further analysis.

USPS Modeled Processing Network, Phase 1, May 17, 2012

Potential to Consolidate*

* Pre-Decisional and subject to modification based upon legislative service standard requirements and further analysis.

USPS Modeled Processing Network, Phase 1, May 17, 2012

Potential to Consolidate*

* Pre-Decisional and subject to modification based upon legislative service standard requirements and further analysis.

USPS Modeled Processing Network, Phase 1, May 17, 2012

Potential to Consolidate*

* Pre-Decisional and subject to modification based upon legislative service standard requirements and further analysis.

The Postal Service today announced a list of 140 mail processing and distribution facilities which will be consolidated over the next two years, saving an estimated $2.1 billion each year, all part of an effort to stem the tide of red ink at the Postal Service. In a news release, ...