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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]
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]
All told, the Postal Service has amassed more than $87 billion in losses from 2007 through 2020. Details were unveiled by the Postal Service ahead of a September 5 meeting in which the proposed ...
United States Postal Serv. On June 9, 2020, the District of Columbia Circuit ruled in Zukerman v. United States Postal Serv. that the content rules did not meet the "objective, workable standards" test established in Minnesota Voters Alliance v. Mansky. [71] One week later, the USPS discontinued the custom stamp program. [72]
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
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 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 ...
The agency in the meantime is now seeking a short-term, end-of-the-year rate increase, according to a notice filed Friday with the Postal Regulatory Commission.