USPS Raises Postal Rates
Didn’t we just go through this last year at this exact same time? It’s not déjà vu and it’s not Groundhog Day. The United States Postal Service (USPS) really is increasing the postal rates again. On January 26, 2014, the USPS will increase prices for First-Class Mail. The price for single-piece letters will increase by three cents to 49 cents. The Forever stamps will allow customers to mail letters to any location in the United States.
Highlights of the new single-piece First-Class Mail pricing:
• 1 oz. stamped letters increase by 3 cents to 49 cents
• 2 oz. stamped letters increase by 4 cents to 70 cents
• 3 oz. First-Class Flats increase by 8 cents to $1.40
• No additional postage for 2nd ounce (presort mail only)
• On average a 6% increase for presort mail
To understand how this increase impacts you, click on the link below to view an easy-to-read comparison chart. But make no mistake about it, this really is a big increase. Every piece of mail is going to cost at least 2 cents more to mail. The good news is that depending on the type of mailings your company does and the types of savings you are eligible for, you can still enjoy significant savings (see the comparison chart).
In anticipation of the increase, now might be a good time to clean up your mailing lists, look at bad address reports and add an Address Service Requested line to your mailings if you don’t already include one.
If you have any questions about this upcoming change, please don’t hesitate to contact an OSG account manager.