Postage rates across the United States will rise again next year, to 45 cents for regular letters
Postage rates across the United States will rise again next year, to 45 cents for regular letters. Postage prices will rise again next year. The Federal Postal Service announced on the 18th that it will increase postage rates starting from January 22 next year...
Postage prices will increase again next year. The Federal Postal Service announced on the 18th that it will increase postage rates starting from January 22 next year. The postage rate for first-class mail will increase from 44 cents to 45 cents, with an additional 20 cents for each additional ounce, which is the same as the current additional fee. Other items that increased include: Postcards rose 3 points to 32 points. Postage to Mexico and Canada has increased to 85 cents (up 5 cents). Letters sent to other countries rose 7 cents to $1.05. Advertising, journal and package fees will rise by approximately 2.1%. However, the post office will also add new services, including providing short-term mailbox rentals for three months, and delivery confirmation for some packages will be free. By law, postage increases cannot exceed the current inflation rate of 2.1 percent unless the Postal Service obtains approval from the Postal Regulatory Commission (PRC), an independent agency. The PRC rejected the Postal Service's request last year. The Postal Service suffered a loss of 8 billion yuan in fiscal year 2010. The Post Office will announce its 2011 results at the end of next month, and it is expected that the loss may be even greater. The price of 44-cent stamps is effective from May 2009. Most stamps issued after 2009 are "forever" stamps. "Forever" stamps purchased in the past can still be used to send regular mail. But when postage prices increase next year, buying new "forever" stamps will be more expensive. When postage increases next year, the postage for one-ounce regular mail will be 45 cents. The reason for the post office's loss is that it needs to bear the future medical benefit expenses of retired employees, the economic recession and the Internet have reduced the post office business volume. However, postage price increases are only a drop in the bucket and have little help in making up for losses. Postmaster General Donahue said: "The Post Office urgently needs to change its operating model and return to financial balance."
Sources and usage
This piece is republished or synchronized with permission and keeps a link back to the original source.