POSTAL SERVICE 'TRANSITION' PLAN 400 PAGES LONG

Details Changes as GAO Criticizes Service's Finances

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WASHINGTON (AdAge.com) -- Postmaster General John Potter is set to unveil the Postal Service's "transition plan" April 5.

Industry lobbyists have said the plan runs more than 400 pages and

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includes detailed proposals for immediate changes.

The plan's unveiling comes as pressure builds on the Postal Service to make major changes.

General Accounting Office two weeks ago issued a highly critical report calling the service's financial outlook "increasingly dire." The GAO warned that the events of Sept. 11 along with the country's economic problems have exacerbated the Postal Service's financial woes and have left it without sufficient cash to finance needed capital projects.

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