The United States Postal Service® today announced proposed price changes, including an increase in the price of a First-Class Mail® single-piece letter from 46 cents to 49 cents. The proposed changes, which would go into effect in January 2014, are intended to generate $2 billion in incremental annual revenue for the Postal Service™.
Highlights of the new single-piece First-Class Mail pricing, effective Jan. 26, 2014 include:
•Letters (1 oz.) — 3-cent increase to 49 cents
•Letters additional ounces — 1-cent increase to 21 cents
•Letters to all international destinations (1 oz.) — $1.15
•Postcards — 1-cent increase to 34 cents
Pricing for Standard Mail, Periodicals, Package Services and Extra Services also will be adjusted as part of a filing to the Postal Regulatory Commission (PRC) scheduled to take place Sept. 26.