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On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
The rate increase, to thirteen cents (US$0.13), occurred just after Christmas. The United States also issued stamps with letter denomination, beginning from A, B, etc., during postal rate changes. After reaching the letter "H", this practice was discarded in favor of simply indicating the class of postage (e.g., first class) for which the stamp ...
In September 2011, however, the postal service announced that, in an attempt to increase flagging revenues, stamps would soon offer images of celebrated living persons, chosen by the Committee in response to suggestions submitted by the public via surface mail and social networks on the Internet.
The United States Postal Service announced plans to raise the price of Forever stamps and other postage for 2023. Upon approval from the Postal Regulatory Commission, USPS says the cost of first ...
Now is the time to stock up on stamps, and the clock is ticking. The United States Postal Service announced a big increase in the price of first class forever stamps. Stamp prices will increase ...
USPS gave a sneak peek at other stamps coming next year. (Scripps News)
Title II overhauled the process in which the USPS needed to change the rate of products, limiting any increase to the consumer price index. The process that the USPS needed to go through to change rates was also significantly more efficient than the older rate setting system, going from a six month or more process to a two month process. [2]
The U.S. Postal Service wants to up the price of its first-class stamp in its ongoing battle against declining revenue.