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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]
Between 2021 and 2023, USPS has raised the postage rate four times. [150] In May 2023, USPS reported a $2.5 billion loss over the year's first quarter, with approximately $500 million of that figure related to costs within the agency's control. [151] It also reported that its projected ten-year losses had been reduced from $160 billion to $70 ...
Rates: en:History of United States Postal Service rates See also Image:US_first-class_postage_stamp_rates.svg I n f l a t i o n A d j u s t m e n t = P o s t a g e × D e c e m b e r 2019 C P I C P I {\displaystyle Inflation\ Adjustment=Postage\times {\frac {December\ 2019\ CPI}{CPI}}}
Starting on Oct. 1, the U.S. Postal Service will implement new standards and rules for its first-class mail service. This will lengthen the delivery time for approximately 30% of the packages and ...
The U.S. Postal Service said on Friday it will not hike stamp prices in January for the first time since January 2022 after a series of price hikes in recent years. USPS in July hiked the price of ...
For the 2¢ value, which satisfied the normal letter rate, the most familiar Gilbert Stuart image of Washington had been chosen. After postal rates rose that July, this 2¢ red Washington was redesigned as a 3¢ stamp and issued in the purple color that now became ubiquitous among U.S. commemoratives. [citation needed]
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 ...
The rate of postal pay was set by the Congress by federal law, meaning that the Postal Service and its employees were deeply affected by Congress. The NALC strongly supported the Postal Reorganization Act. NALC's expertise has traditionally been in lobbying rather than in traditional labor-management relations and collective bargaining.