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January 2013 U.S. Postal Services Prices Are Going Up

[ 0 ] Jan. 9, 2013 | SBO Editor

The United States Postal Service® (USPS®) proposed to the Postal Regulatory Commission (PRC) an average increase in mailing services prices of 2.5 percent. The First-Class Mail stamp will increase from the current 45 cents to 46 cents, with an overall increase of about 4 percent. The implementation date for the new prices will be January 27, 2013. The PRC has essentially approved the USPS proposals for all classes of mail EXCEPT Standard Mail Flats. The PRC remanded those rates back to the USPS, citing that the proposed rates did not provide adequate cost coverage for this mail. As a result, the USPS has submitted new proposed rates for Standard Mail Flats. The new increase for this mail is an average of 2.617 percent, which is higher than the average increase for the rest of Standard Mail (2.569 percent) and higher than the CPI-U price cap of 2.570 percent.

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Category: Features