April 15, 2024

Postal Services proposes another price increase

Axios - The price of postage stamps could increase by 5 cents in July under a new United States Postal Service proposal. If approved, the increase would tie the record as the highest stamp hike ever.  This would be the 19th stamp rate change since 2000 — and comes as Americans continue to reduce what they send via snail mailUSPS filed notice with the Postal Regulatory Commission Tuesday to raise prices by approximately 7.8% effective July 14, 2024. If approved, the price of a First-Class Mail Forever stamp would increase from 68 cents to 73 cents... The number of pieces of mail handled by the post office has been on the decline in recent years as more people pay bills online and fewer send physical thank you cards. In 2023, USPS handled 116.1 billion pieces of mail compared to the high of 213.1 billion in 2006, data shows.

1 comment:

Anonymous said...

All the expensive national ads, all the new trucks to speed delivery, post offices understaffed. mail delivery often after invoice due date. payments of invoices slowed in transit and often incur late charges. Post offices closing often without notice to patrons. Multiple rate increases. Box rents increasing, often yearly. Something is rotten in the USPS. Why ??????????

Semper Paratus