The Briefing Room
General Category => Politics/Government => Topic started by: Timber Rattler on April 10, 2024, 11:13:30 am
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https://fortune.com/2024/04/09/post-office-stamp-price-increase-73-cents/
The U.S. Postal Service signaled plans Tuesday for a rate increase that includes hiking the cost of a first-class stamp from 68 cents to 73 cents, part of an overall 7.8% increase to take effect this summer.
The request was made to the Postal Regulatory Commission, which must approve the proposed increase that the Postal Service contends is necessary to achieve financial stability. If approved, the 5-cent increase for a “forever” stamp and similar increases for postcards, metered letters and international mail would take effect July 14.
U.S. Postmaster General Louis DeJoy previously warned postal customers to get used to “uncomfortable” rate hikes as the Postal Service seeks to become self-sufficient. He said price increases were overdue after “at least 10 years of a defective pricing model.”
EXCERPT
USPS committing suicide.
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Haven't used a stamp lately.
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Haven't used a stamp lately.
We necessarily have to, since fulfilment and shipping are part of our business, and there are few alternatives.
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We necessarily have to, since fulfilment and shipping are part of our business, and there are few alternatives.
Do you buy extra forever stamps as a hedge?
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I hadn't realized they'd already gone to .68. I thought they were still .66.
Oh well, better buy a roll before the next price hike. **nononono*
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Do you buy extra forever stamps as a hedge?
When we can but those only go so far.
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I'm using stamps these days at the rate of two or three a month -- just to mail bill payments.
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I'm using stamps these days at the rate of two or three a month -- just to mail bill payments.
Same here.
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https://fortune.com/2024/04/09/post-office-stamp-price-increase-73-cents/
USPS committing suicide.
USPS blows Fed-Ex/UPS out of the water for small package shipping. Way cheaper and in most cases 1 and in some cases 2 days quicker. on average. The Amazon deal was bad for customers of USPS because Amazon was charged less than actual shipping cost and we the taxpayer paid for it.
However, USPS learned how to process and ship small packages.