Tag: USPS

USPS Seeks $6.1 Billion Postage Rate Increase

September 25, 2001 — Melissa Campanelli, dmnews: “The U.S. Postal Service Board of Governors yesterday filed its next rate case with the Postal Rate Commission, seeking a $6.1 billion increase in postage rates across the board. This proposed increase is in addition to the $3 billion in increases the postal service has implemented since January. The request is for an overall rate increase of 8.7 percent. For Standard Mail, overall rates would rise 7.3 percent. Regular Standard Mail rates would rise an average of 8 percent, and nonprofit rates an average of 6.7 percent. Commercial enhanced carrier route rates would rise an average of 6.2 percent, and nonprofit enhanced carrier route rates would increase an average of 6.5 percent. On average, within each subclass, flats — or catalog-shaped mail — would increase more than letters.”

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DMA: USPS Rate Hike Will Damage Economy

The DMA Says Proposed $6.1 Billion Rate Hike Will Further Damage the Economy;
Congress Must Enact Sweeping Reform to Allow the USPS to Survive

NEW YORK, Sept. 24 /PRNewswire/ — The Direct Marketing Association (The
DMA) has voiced grave concerns over the timing and size of the postal rate
increase request that was filed today with the independent Postal Rate
Commission (PRC). The United States Postal Service (USPS) Board of Governors
(BOG) filed a rate case today with the PRC, seeking a $6.1 billion hike in
postage rates across the board. This proposed increase is in addition to the
$3 billion in hikes that the Postal Service has implemented since January
2001.

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USPS deal gives Lynx massive parcel boost

Lynx Express expects to send 20,000 parcels a month to the US following its tie-up with the US Postal Service (USPS). A jointly branded service, pitched 40% below integrators’ rates and about 15-20% below typical wholesale deferred rates, goes live a…

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USPS to reclassify mail

IF MAILERS THOUGHT they had the ins and outs of postal rate categories and preparation nailed down, they may need to think again. The U.S. Postal Service plans to implement a reclassification by the summer 2004.

Postal officials say the reclassification–which they’re calling a product redesign–will lead to increased volumes and revenue as the service faces back-to-back deficits of between $1 billion and $3 billion over the next two years.

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