The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. The price tables are also available on the Postal Service’s Postal Explorer website at pe./PriceChange/Index. The Mailing Services filing is Docket No.
The complete Postal Service price filing, with prices for all products, can be found on the PRC website under the Daily Listings section at prc.gov/dockets/daily. The PRC will review the changes before they are scheduled to take effect. First-Class Package Service savings: 22.47 Priority Mail Express savings: 6.90 Priority Mail savings: 40.86 First-Class Mail savings: 3.50 Grand total monthly savings: 73.73 21SENDTECH00046US. Postal Service remain among the most affordable in the world. Mailing & Shipping 2022 USPS® rates Ways to save. Postal Service Announces New Prices for 2023Īs operating expenses continue to rise, these price adjustments provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan. The proposed Mailing Services price changes include: The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office 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. A 1-ounce letter mailed to another country would increase to $1.45. The price for 1-ounce metered mail will increase to 60 cents, and the price to send a domestic postcard will increase to 48 cents. The price changes have been approved by the Governors of the U.S. If favorably reviewed by the Commission, the proposed increases will raise First-Class Mail prices approximately 4.2 percent to offset the rise in inflation. The new rates include a three-cent increase in the price of a First-Class Mail Forever stamp from 60 cents to 63 cents. WASHINGTON, DC - Today, the United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. Postal Service Announces New Prices for 2023 Security controls for commercial mailers.All told, the Postal Service reported a net loss of $1 billion for the first quarter, but that was a $519 million improvement over the $1.5 billion net loss during the same period last year. When adjusted for inflation, 50 cents in January 2019 equates to about 60 cents in the spring of 2023, according to the Bureau of Labor Statistics’ CPI inflation calculator.įor the first quarter of 2023, the Postal Service’s operating revenue was $21.5 billion - an increase of $206 million, even though volume declined by 1.7 billion pieces, or 4.8%, compared with the same period last year. Sunday marks the fifth jump in forever stamp prices seen since the start of 2019, when the postage cost 50 cents apiece. Postal Service as of the Postal Service’s April notice. The price changes had also been approved by the Governors of the U.S. The Postal Regulatory Commission approved both the price changes and the implementation of Ground Advantage ahead of this month’s changes. About the new USPS Ground Advantage Service. Ground Advantage pricing will reflect a 3.2% decline in retail prices and a 0.7% drop for commercial, the Postal Service says. The USPS has announced a new service class, USPS Ground Advantage, as well as updated postal rates that will go into effect on July 9, 2023. The Postal Service will also launch a new package shipping service, USPS Ground Advantage, on Sunday to replace and combine previous plans. International postcards and one-ounce letters are both set to move to $1.50. The cost of sending a first-class one-ounce metered letter, for example, will rise to 63 cents and domestic postcards will jump to 51 cents. Beyond forever stamps, a handful of other mail services will also see price increases starting Sunday.
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