Friday, February 17, 2012

USPS Report; $0.50 Stamp?


The U.S. Postal Service (USPS) released an important update to its business plan for returning to profitability and long-term financial stability. While fundamentally consistent with the approach advanced by the Postal Service over the past year, the plan released today incorporates important refinements of financial projections and recommended legislative reforms. 
Legislative change allowing single-piece First-Class Mail stamp to increase to $0.50 could yield approximately $1billion of incremental contribution.