Independent, UK - The U.S. Postal Service is seeking to increase the prices of its products this summer, including the cost of a first-class stamp, which could increase from 73 cents to 78 cents if approved.
On Wednesday, U.S.P.S. recommended a 7 percent price hike for mailing service products to the Postal Regulatory Commission, an independent agency that must approve the proposal.
“As changes in the mailing and shipping marketplace continue, these price adjustments are needed to achieve the financial stability sought by the organization’s Delivering for America 10-year plan,” USPS said in its proposal.
“USPS prices remain among the most affordable in the world.”
If approved, 1-ounce letters would go from 73 cents to 78 cents, domestic postcards would increase from 56 cents to 62 cents and international postcards and 1-ounce letters would rise from $1.65 to $1.70.
Those changes would take effect on July 13.
The Postal Service contends, as it did last year when it enacted a similar increase, that it's needed to achieve financial stability.
No comments:
Post a Comment