February 11, 2009 |
The post office will get an extra 2 cents' worth when you mail a letter starting in May. The U.S. Postal Service announced that the price of a first-class stamp would increase to 44 cents on May 11. That leaves plenty of time to stock up on Forever Stamps, which will continue to sell at the current 42-cent rate until the increase occurs. Forever Stamps remain valid in the future regardless of rate hikes. "The Postal Service is not immune to rising costs which are affecting homes and businesses across America today," said Postmaster General John E. Potter.
May 10, 2008 |
Gas prices are skyrocketing, food is going through the roof. And to add insult to inflationary injury, it will soon cost more to pay your bills. On Monday, almost all postal rates will increase. "We're trying to send out as much as possible before it hits," said Albert Munez, 25, standing in line Thursday at the main post office in Pasadena. At his feet was a large rubber tub stuffed with packages containing vintage Porsche parts that his company sells.
February 14, 2008 |
Consumers apparently still believe a penny saved is a penny earned, as many rushed this week to buy "forever stamps" that will help them avoid a pending one-cent rate hike in first-class postage. The U.S. Postal Service announced this week that the price of mailing a standard letter will rise from 41 cents to 42 cents beginning May 12.
November 10, 2007 |
UPS said it would increase rates for ground, air express and international shipments that originate in the United States by an average 4.9%, effective Dec. 31. United Parcel Service Inc. said the increase for air express and international shipments is based on a 6.9% increase in the base rate, less a 2% reduction in the current fuel surcharge. The increases announced by the Atlanta company appear to be in line with those recently announced by Memphis, Tenn.-based FedEx Corp.
May 14, 2007 |
The postal rate increase that goes into effect today comes at a crucial time for the United States Postal Service. With Americans increasingly paying bills online and using e-mail for both personal and business correspondence, the Postal Service is facing a steady decline in first-class mail, its most profitable service. At the same time, its labor and fuel costs continue to rise. The changing conditions, Postmaster Gen. John E.
May 6, 2007 |
People using flat-rate priority-mail boxes are getting a bit of a break. Mailing the boxes will cost $8.95, regardless of weight, when the new postal rates take effect May 14, the postal Board of Governors announced. The Postal Regulatory Commission had recommended an increase to $9.15 from the current $8.10 charge. The U.S. Postal Service asked the commission to reconsider and reduce the charge to less than $9, and the commission agreed to the lower rate.