The Postal Regulatory Commission (PRC) officially approved the price alterations proposed by the United States Postal Service (USPS). The various changes to price, as well as to structure, postage statements, and technical specifications will all roll out starting January 27th of 2019.
The details of these changes are very specific, so the best way to learn about them is to attend the upcoming webinar being hosted by the USPS. Anyone can call in or join using the information provided below.
2019 USPS Price Increase Update Webinar
Date of Webinar: Tuesday, January 15th
Time of Webinar: 1pm Eastern Standard Time
Length of Webinar: 1 hour
You can attend the webinar by clicking here, entering your information, and clicking join. The webinar meeting number is 745 607 288.
You can also choose to simply call in and listen to the presentation by calling 1-855-860-7461 (US toll free) or 1-678-317-2063 (US). The teleconference code is 737 719 4840.
For further questions regarding the changes and these USPS information updates, please contact Cathy Scocco.
eDoc Version Support
Along with the new changes, the Postal Customer Council (PCC) is making minor updates to improve the eDoc support. On January 13, 2019, changes to the PostalOne! system will take place. For more information on what versions are going to be supported or not, you can read this document or visit the PCC website.
CAPS retiring, EPS migration required
USPS gave notice last June that they would be retiring its longstanding payment processing system known as CAPS
(Centralized Accounting Processing System) in 2019.
The deadline to migrate CAPS accounts over to EPS (Enterprise Payments System) is April 1st. After that day, support for CAPS accounts (except for limited circumstances) will no longer be provided.
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.
For more information on the proposed USPS postal prices for 2019, click here. To see the slides from the price change proposal webinar from USPS, click here.
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