Friday, January 20, 2012

Postal Rate Increases Effective Sunday/USPS Request PRC to Move Up Review of Plans


http://www.presort.com/2012/01/19/usps-urges-regulators-to-speed-up-review-of-network-cutbacks/
On Sunday, January 22, First Class Mail prices will jump 2.133% overall; stamps will be $0.45.  Standard Mail (direct mail and catalogues) will go up 2.124% overall, Periodicals (magazines) will increase 2.133% overall and Package Services will rise 2.133% overall.
Separately, the USPS has asked the Postal Regulatory Commission to review the Postal Services plan to cut costs, including a slowdown First Class mail delivery, closing post offices and other options.  The current deadline for the PRC’s non-binding advisory opinion is July 10, at the earliest; the USPS would like to move the date to mid-April.  Several bills to address the on-going financial struggles of the Postal Service are before Congress.