The US Postal Service has said it will adopt above-inflation rate increases for its loss-making Standard Mail Flats service each year up to 2016.
The move is prompted by the Postal Regulatory Commission’s 2010 order that rates should rise towards full cost coverage, so that other mail services do not subsidise the shipping of items like catalogues.But USPS suggested the pricing strategy was “risky” in its latest annual regulatory compliance report, out on Friday.
