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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]
Signed, Sealed, Delivered. The U.S. Postal Service is raising postage costs for the second time this year. On July 9, the price of a first-class stamp will rise to 66 cents from 63 cents.
However, all price changes must be approved by the Postal Regulatory Commission and the specific price hikes weren’t announced. The USPS confirmed that it won’t increase prices in January 2025 ...
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The US Postal Service filed a notice with its regulators to increase prices on First-Class “Forever” stamps to 73 cents from 68 cents.
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]
Scott Publishing Co also produces a related volume which more comprehensively lists all United States Postage Stamps and Postal History. It is generally known as the Scott Specialized and is regarded by many as the definitive single volume reference to USA postage stamps. The catalogue provides more detail than Volume One, with particular ...
In 2023 alone, the postal service reported a $6.5 billion deficit. For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two ...