The United States Postal Service (USPS) recently submitted new prices to the Postal Regulatory Commission (PRC). These proposed price changes, should they be approved, would take effect on January 27, 2019. The proposed price changes will raise Mailing Services product prices by approximately 2.5%. There would also be changes to Shipping Services pricing, though this would vary by product.
Cause for the changes can be greatly attributed to the current market conditions. The Governors of the Postal Service feel that these new rates will help keep USPS competitive, while also providing needed revenue for the postal service.
One of the largest impacts to the American public, which includes publishers, would be a change in stamp prices. A 5-cent increase to First-Class Mail Forever stamp has been proposed, from 50 cents to 55 cents, but the “additional ounce” pricing would be reduced to 15 cents. This means stamped letters over 2 ounces will have a higher stamp cost but have reduced shipping rates.
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