Friday, October 19, 2012

ABM Predicts 2.56% Postal Increase for Magazines

http://www.btobonline.com/article/20121019/MEDIABUSINESS10/310199994/abm-forecasts-postal-rates-for-periodicals-will-increase-2-56-in-2013
American Business Media is projecting that periodicals will face a 2.56% increase in postal rates next year.
The increase, pending approval by the Postal Regulatory Commission, will take effect Jan. 27.
Jack Widener, postal counsel for ABM, said in an email to members that the USPS also announced it has for the first time hit its borrowing limit of $15 billion. The agency said it will have to rely on revenue from stamps and other products to fund operations.