USPS set to add one cent to First Class stamp price

USPS set to add one cent to First Class stamp price

The United States Postal Service (USPS) has announced its proposed price changes for 2018, which include raising the cost of the First-Class Mail Forever stamp from 49 cents to 50 cents. USPS filed notice with the Postal Regulatory Commission (PRC) on Friday (6 October) and, if approved, the price changes will take effect from 21 January next year.

Postcard stamps and metered letters would also have a one cent increase, but there are no proposed price changes for single-piece letters being mailed to international destinations or for additional ounces for letters.

The proposed prices would raise Mailing Services product prices approximately 1.9%, and most Shipping Services products will average a 3.9%.

In a statement sent to Post&Parcel, USPS said the proposed Mailing Services price changes include:

Product Current Proposed
Letters (1 oz.) 49 cents 50 cents
Letters additional ounces 21 cents 21 cents
Letters (metered) 46 cents 47 cents
Outbound International Letters (1 oz.) $1.15 $1.15
Domestic Postcards 34 cents 35 cents

The new Shipping Services product prices would increase Priority Mail 3.9% and Priority Mail Retail an average of 0.8%. USPS said it will not include any surcharges for fuel, residential delivery, or regular Saturday delivery.

The proposed domestic Priority Mail Flat Rate Retail price changes are:

 Product Current Proposed
Small Flat Rate Box $7.15 $7.20
Medium Flat Rate Box $13.60 $13.65
Large Flat Rate Box $18.85 $18.90
APO/FPO Large Flat Rate Box $17.35 $17.40
Regular Flat Rate Envelope $6.65 $6.70
Legal Flat Rate Envelope $6.95 $7.00
Padded Flat Rate Envelope $7.20 $7.25

The PRC will review the prices before they are scheduled to take effect. The complete Postal Service price filings with the new prices for all products can be found on the PRC site under the Daily Listings section at https://www.prc.gov/dockets/daily.

 

 

About The Author

Ian Taylor

Ian Taylor is the Editor of Triangle’s Mail & Express Review Magazine and the www.postandparcel.info portal. Ian has been a business journalist for almost 30 years, editing and writing for a wide range of magazines and newspapers with a particular focus on the transport and logistics industries.

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