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Postage Rate Increases

Is your budget ready for higher postage rates?

On February 12th, the United States Postal Service announced the new rates for most services, effective May 12, 2008.  In keeping with the new rules of the Postal Accountability and Enhancement Act, the USPS is giving mailers the full 90 days notice on all services except Priority Mail, Express Mail and Parcel Select.  Those rates will be announced in May.

The cost of a First-Class stamp will increase to 42 cents, as will the cost of the Forever stamp.  Since its introduction last April, the Postal Service has sold approximately 5 billion Forever stamps.  They plan to have 5 billion of the Forever stamps available to meet consumer demand prior to the rate increase.  On May 12th, the Forever stamp will also cost 42 cents.

All other classes of mail will also see increases, but depending on the amount of labor used to process mail, the increases by category can vary in excess of the Consumer Price Index.  Standard Mail letters will increase by approx. 3.4%, and flats by 0.86%.  But parcels and not-flat machinables will increase 9.67% as this mail is more labor intensive.

Please follow the attached link and print a copy of the new rates.  Because there are no preparation changes in this rate adjustment, you can analyze current mailings to see what impact the new rates will have on your mailing budget.  If you have questions, we’re available to help.

http://pe.usps.com/2008_RateCase/Notice123/Notice123.pdf

 
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6755 South Sayre Ave.
Bedford Park, IL. 60638-4724

Phone: (708) 728-0101
Fax: (708) 728-1070

 
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