Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
12/27/2013 9:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Postal Service Rates to Temporarily Rise 6%

The U.S. Postal Service’s regulator has approved price increases amounting to 6% on most mail, news service reported.

A first-class stamp will cost 49 cents, up from 46 cents, starting Jan. 26. The increases of 4.3% approved Dec. 24 are on top of 1.7%, an amount equal to inflation, approved last month.

The Postal Regulatory Commission rejected a request to make the higher rates permanent, saying they will probably need to end in less than two years, Bloomberg News reported.

The increase is designed to boost revenue by $1.8 billion a year. The Postal Service lost $5 billion in the 2013 fiscal year ended Sept. 30.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2013, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement