USPS Seeks to Increase First-class Mail Rates
The action is due to inflation, which USPS determined to be 1.966 percent, according to its filing.
"Today’s action is the latest in a series of steps the Postal Service has taken as part of a comprehensive approach to achieve financial stability," USPS said in a press release. "By growing volume, revenue and contribution, the Postal Service will continue to meet America’s mailing and shipping needs well into the future. While improving efficiency in streamlining its network and seeking legislative changes, the Postal Service must address an outdated business model."
Amanda L. Cole is the editor-in-chief of NonProfit PRO. She was formerly editor-in-chief of special projects for NonProfit PRO's sister publication, Promo Marketing. Contact her at acole@napco.com.