First-Class Postage Stamp to Decrease April 10
Some of you may recall that the United States Postal Service (USPS) instituted an exigent surcharge in January, 2014. However, on April 10, that surcharge will end and certain postal prices will actually decrease. That’s right, decrease. This is the first time in 97 years, since 1919, that the cost of a first-class stamp will go down in price. While this is a good thing for us, it’s a bad thing for the USPS which expects to lose $2 billion per year. The surcharge was put in place to help the decline in USPS revenue.
The surcharge removal means First-Class Mail prices will be adjusted. Commercial prices will also decrease. A listing of the new prices, effective April 10, is available at www.osgbilling.com/usps-updates.asp.