The Price of Postage Is Going Up Again -- Temporarily

By Adam Chandler

December 26, 2013

To make up for recession losses, the Postal Service says the cost of first-class stamps will temporarily rise by 3 cents in late January. In other words, the price for those non-Forever stamps will increase, but not forever. Are you confused yet? 

The move was announced Tuesday to help the ailing agency recoup a loss of "$2.8 billion, caused by a substantial drop in mail volume, totaling about 25.3 billion pieces, between 2008 and 2011." First-class stamps will bump up from 46 cents to 49 cents starting on January 26 of next year (364 days after the rate took a one-cent hike from 45 cents to 46 cents).

 What's different about this change is that it's temporary. The Postal Service lobbied for a permanent rate change, but the Postal Regulatory Commission rejected the request. So how long will the new rate last?

Read more on The Wire


By Adam Chandler

December 26, 2013

http://www.govexec.com/management/2013/12/price-postage-going-again-temporarily/75977/