Postal Rates to Increase in 2017
As your print and mail authority, we wanted to let you know that the Postal Rate Commission has approved some United States Postal Service (USPS) rate and structural changes. For the first time in several years the USPS has requested rate increases for both its competitive (packages and overnight shipments) and market dominant products (letters and flats). The new rates will go into effect Sunday, January 22, 2017.
This increase represents a 2 cent increase to First-Class Mail, raising the price from 47 cents to 49 cents. The good news for commercial mailers is that the price of letter mail will be the same from 1 ounce to 3.5 ounces, with rates as low as .373 for letters presorted into a five-digit tray. Additionally, the price of Postcards, International Letters and First-Class Letter additional ounces will also stay the same.
There will also be an average 3.9 percent increase on Priority Mail and an average increase of 3.3 percent in Priority Mail Retail prices, which means about a 20-50 cent increase depending on the item. Automated commercial marketing mail will only be increased by one price up to 3.9 ounces.
The new prices do not include any Shipping Services price increases for First-Class Package International Service, Priority Mail Express International and Priority Mail International. The changes do benefit PC Postage and postage meter users with a .5 cent savings.
The USPS is rebranding Standard Mail which will now be known as USPS Marketing Mail. The only immediate impact of this name change is the name listed on USPS forms and postage statements. As always, we’ll keep you updated as we learn more.
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.