Bermuda Post Office announces rate change

Bermuda Post Office announces rate change

The Bermuda Post Office (BPO) will introduce a rate change and modernization of its postal products on 1 July for local and international letter mail, parcels and International Data Express (IDE). The BPO has not issued a rate increase on the majority of its products since 2000. “However,” the BPO said in a statement issued yesterday the Bermuda Cabinet Office (23 June), “given the increased global costs for doing business, rates must be adjusted to reflect these trends.”

The official statement continued: “The 2015 Rate Change Project will adjust rates in respect to cost, while taking the opportunity to modernize the postal product categories, weight increments and transit route references (where applicable) for local and international mail.”

In addition to the postage rate increase, the BPO announced that it also intends to implement “other revenue generating initiatives, products and services” as part of its drive to be “a more innovative, customer-focused and sustainable postal service”.

The statement added that in order to prepare all systems and processes for the changes, all BPO locations will be closed for transactions next Tuesday (30 June), but mail will still be delivered to all routes and parishes.

Click here to view a PDF document which outlines BPO’s revised postal rates.

*** In the forthcoming Autumn issue of Mail and Express Review, Allan Wayne Smith, the Postmaster General of the BPO, talks the magazine’s editor John Modd about his organisation. To subscribe to receive the printed edition, please download the order form now and return via email or fax, or use click here to use the online facility.

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The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

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