postal rate increase

USPS Proposed Postal Rates for 2014

The USPS announced proposed price changes for 2014. Included in the proposal is an increase in the price of a First-Class Mail single-piece letter from 46 cents to 49 cents. The proposed changes, which would go into effect January 26, 2014, are intended to generate $2 billion in incremental annual revenue for the Postal Service.

Highlights of the new single-piece First-Class Mail pricing

  • Letters (1 oz.) “” 3-cent increase to 49 cents
  • Letters additional ounces “”  1-cent increase to 21 cents
  • Letters to all international destinations (1 oz.) “” $1.15
  • Postcards “” 1-cent increase to 34 cents

According to the United States Postal Service, the postal rate increases are expected to generate $2 billion in new revenue to improve financial situation.

Read the complete press release here.

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Informal Ruling: Increase in Postal Rates Likely

Postage rates are likely to increase about 1.7% in January as a result of a letter that the Postal Regulatory Commission’s chief lawyer issued today.

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