The Daily Word - WordTech Blog

USPS Hints at January 2018 Price Hikes

Posted by Brenda Morgan on Wed, Sep 27, 2017 @ 13:09 PM

The U.S. Postal Service is planning to raise virtually all rates a bit in January, apparently including a one-cent hike of the Forever Stamp, to 50 cents. And it’s also hoping it will soon get the power to implement larger rate hikes.

The USPS will raise rates for both market-dominant mail (such as First Class and Marketing Mail) and competitive mail (such as Priority Mail) on Jan. 21, 2018, postal officials told mailing-industry representatives this week.

The average rate increases for market-dominant classes are limited by an inflation-based cap, currently close to 2%. A postal official indicated that rates would rise from 1% to 3% for most market-dominant products, according to attendees at a meeting of the Mailers Technical Advisory Committee.

Postal officials didn’t spell out what any of the new rates would be. But a statement that the increase for letter mail would be about 2% almost certainly means that the price of the popular Forever Stamp for First Class letters will rise from 49 cents to 50 cents (a 2.04% hike).

The new rates for flat Marketing Mail and Periodicals would provide greater incentives to create efficient mailings, which is good news for catalogs and magazines that are co-mailed, as well as for printers that provide co-mail services. But it means higher-than-average rates for small publishers that don’t take advantage of such mail-consolidation programs.

The USPS is most likely to file the new rates with the Postal Regulatory Commission in October. As long as the PRC determines that the USPS proposal meets certain standards, such as not violating the price caps, the new rates will take effect without modification.

Next month, the PRC is slated to announce the results of its 10th anniversary review of the law that created the price cap. If it determines that the law’s system for regulating market-dominant rates is not meeting the law’s objectives, the PRC can modify or replace the system.

Postal officials argue that, because the system fails to meet the objective “to assure adequate revenues . . . to maintain financial stability,” the PRC should loosen or eliminate the price cap. But a significant PRC overhaul of the rate-making rules would probably lead to legal challenges that could delay implementation of any changes.

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Topics: Direct Mail, postage rate increase, price increase, USPS

USPS Announces Proposed Price Changes for 2017

Posted by Brenda Morgan on Mon, Oct 24, 2016 @ 10:10 AM

The Postal Service has announced price changes to take effect next year, after the end of the holiday season.

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Topics: USPS, price increase, direct mail company, direct mail philadelphia

Postal Service Announces 2017 Mailing Services Prices

Posted by Brenda Morgan on Thu, Oct 13, 2016 @ 11:10 AM

Single Price for Commercial Letters up to 3.5 ounces, Adjusts FSS Pricing; Allows Extra Weight for Standard Flats

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Topics: postage, price increase, postage rate increase, USPS

USPS Price Change Effective August 28, 2016

Posted by Brenda Morgan on Thu, Aug 18, 2016 @ 14:08 PM

The U.S. Postal Service® (USPS®) will implement new rates and services that will go into effect on Sunday August 28, 2016 at 12:01 a.m. With this price change, the following changes will be implemented: 

The 1, 2, and 3 ounce offerings for First-Class Mail® Parcel previously priced at a flat rate of $2.45 will be increased to $2.62 for all retail counter customers. Our customers will utilize the equivalent First-Class Package Service® with a Commercial Base pricing rate of $2.60. In January 2016, the Retail rate of $2.45 was automatically provided to all customers as it was the least expensive option. Beginning August 28, 2016 the Commercial Base rate of $2.60—the new low rate—will automatically be used.  
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Topics: USPS, price increase, Direct Mail, direct mail philadelphia

August 2016 USPS Price Changes

Posted by Brenda Morgan on Wed, Aug 3, 2016 @ 10:08 AM

Each year, at least once per year, the U.S. Postal Service® changes rates across various mail classes and services. The next USPS® price change will take effect on Sunday, August 28, 2016 at 12:01 a.m.

With this price change, the following changes will be implemented:

  • The 1, 2, and 3 ounce offerings for First-Class Mail Parcel (FCMP) service previously priced at a flat rate of $2.45 will be increased to $2.62 for all retail counter customers. Our customers will utilize the equivalent First-Class Package Service® with a Commercial Base pricing rate of $2.60. In January 2016, the Retail rate of $2.45 was automatically provided to all customers as it was the least expensive option. We always selects the lowest rate available for customers. Beginning August 28, 2016 the Commercial Base rate of $2.60, and new low rate, will automatically be used.
  • Priority Mail Express International® service to Cuba will become available. First-Class Mail International®, First-Class Package International Service®, and Priority Mail International® are currently available to Cuba. Priority Mail Express International service for Flat Rate Envelopes up to 4 pounds and parcels up to 22 pounds will also become available to Cuba with the August Price Change.

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Topics: USPS, price increase, Direct Mail, direct mail philadelphia