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The U.S. Postal Service (USPS) will raise shipping prices in early 2025 while keeping the cost of first-class stamps unchanged. The proposed price hikes, which would take effect Jan. 19, include a ...
The Domestic Mail Manual (DMM) is a document that lays out the policies and prices of the United States Postal Service (USPS). In legal parlance, it contains "the Mailing Standards of the United States Postal Service". [1] Changes to the DMM are announced in the Federal Register. [2]
The Forever stamp cost 41 cents in 2007 when USPS introduced it. The price of first-class Forever stamps increased from 68 cents to 73 cents July 14, an increase of more than 7%.
A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries. Additionally, the overall increase in stamp prices from June 2018 to June 2023 (26%) was significantly lower than the average increase of 55% experienced by those same countries.
The USPS has raised postage rates twice in 2024, with a two-cent per stamp increase in January and a second boost in July, which raised the cost of a Forever stamp to 73 cents. Fewer deliveries
The Postal Service Reform Act of 2022 is a federal statute intended to address "the finances and operations of the U.S. Postal Service (USPS)", [1] specifically to lift budget requirements imposed on the Service by the Postal Accountability and Enhancement Act [2] and require it to continue six-day-a-week delivery of mail.
As for those sending packages from Alaska and Hawaii, USPS said that USPS Ground Advantage service mailings need to be in by Dec. 16, while First-Class Mail service mailings must be sent by Dec. 18.
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession , and prepaying for employee benefits as stipulated in PAEA. [ 14 ]