Postal Updates
USPS plans to raise postal rates five times in next three years
By Linn’s Staff
The United States Postal Service plans to increase postal rates five times during the next three years.
The proposed increases for what the USPS calls “Market Dominant classes” are discussed in a Sept. 23 filing with the Postal Regulatory Commission in Washington, D.C. Such classes include forever stamps, which always satisfy the first-class letter rate. The price of a forever stamp rose from 68¢ to 73¢ on July 14.
“Subject to the approval of the [board of governors], the Postal Service next expects to implement price changes for all Market Dominant classes in July 2025, with the filing occurring in April 2025,” the filing said. “Likewise, subject to the approval of the [board of governors], the Postal Service expects that in 2026 and 2027, it will change prices for all Market Dominant classes in both January and July, with filings occurring the preceding October and April, respectively.”
Any proposed postal rate changes require the approval of the Postal Regulatory Commission.
The filing stated that the Postal Service “intends in all cases to be judicious in the use of available pricing authority.”
In response to a query from Linn’s Stamp News about the proposed rate changes, USPS spokesman Jim McKean said, “We have no additional details to share.”
Linn’s reported in the Oct. 14 issue that the Postal Service does not plan to raise postal rates in January 2025.
Connect with Linn’s Stamp News:
Sign up for our newsletter Like us on Facebook Follow us on Twitter
MORE RELATED ARTICLES
Headlines
-
World Stamps
Nov 4, 2024, 1 PMInnovative idea for booth fees at 2025 show in Germany
-
US Stamps
Nov 2, 2024, 3 PMScott numbers assigned to Madonna and Child, other recent U.S. stamps
-
World Stamps
Nov 1, 2024, 2 PMNew 2025 Scott United Nations Specialized catalog arrives
-
US Stamps
Oct 31, 2024, 3 PMFull schedule planned for Chicagopex 2024