These prices will increase 6.4% on average. USPS Retail Ground is also slated for removal later in 2023 and changing to USPS Ground Advantage.Parcel Select prices will increase 5.1% in 2023. Parcel Select & Parcel Select Lightweight will see price restructuring.Parcel Select Ground is slated to be eliminated later in July 2023. No price increase for Parcel Select Ground, coupled with the USPS's recently improved service standard to 2-5 days from 2-8 days.Other January 2023 highlights also include but not limited to: These prices remain the same for the proposed Jrate increase. Starting January 22, 2023, reduced pricing for some Retail Priority Mail Flat-Rate ® products will be below the temporary price currently in place and the rest will be slightly higher. In 2020, the Postal Service delivered approximately 129.2 BILLION pieces of mail and packages to customers located in every state and territory, county, city, town and rural area in the nation at over 161 million delivery points. "As part of our 10-year plan to achieve financial sustainability and service excellence, the Postal Service and the Board of Governors are committed to judiciously implementing a rational pricing approach that helps enable us to remain viable and competitive and offer reliable postal services that are among the most affordable in the world." Under the current pricing model and the proposed rate change, the Postal Service still has some of the lowest letter-mail postage rates in the industrialized world and continues to offer a great value in shipping. "For the past 14 years, the Postal Service has had limited pricing authority to respond to changing market realities", said Postmaster General and CEO Louis DeJoy. With the new prices, the Postal Service will continue to provide the lowest letter-mail postage rates in the industrialized world and offer a great value in shipping. Now might be the time to make it part of your mail prep process.Īs inflation and increased operating expenses continue, these price adjustments will help with the implementation of the Delivering for America plan, including a $40 billion investment in core Postal Service infrastructure over 10 years which started in 2020. First Class Mail presorted postage increased 3 cents but sorting invoices, statements and bills by zip code is still advantageous and cost-effective. It's time to think about presort prices: With the right mail volume, you can take advantage of the USPS Presort discounts and pay only $0.498 for postage. Please visit the USPS site to download an Excel spreadsheet with all the prices at. The new First Class Mail prices include but not limited to: We will continue to monitor all developments and provide you with the latest news. Please note that these changes are still pending approval. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, PO Box rental fees, money order fees, and the cost to purchase insurance when mailing an item. There will be no change to the single-piece letter and flat additional-ounce price, which remains at 24 cents. letter mailed to another country to $1.50. ![]() ![]() ![]() METERED First-Class Mail will increase to 63 cents and the price of a domestic postcard to 51 cents. This increase will raise First-Class Mail prices approximately 5.4% to offset the rise in inflation. The proposed new rates include a three-cent increase in the price of a First-Class Forever stamp from 63 cents to 66 cents. As of July 2022, the USPS will be increasing First Class Mail letter prices TWO times a year. The USPS™ Announces Proposed Prices Starting July 9, 2023Īs part of "Delivering for America", its 10-year plan, through 2030, to achieve financial sustainability and service excellence, the United States Postal Service filed notice with the Postal Regulatory Commission (PRC) for price changes to take effect Jthat are in accordance with the rules recently established by PRC.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |