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PRC Approves USPS Rate Hike Set for August

USPS
PRC Approves USPS Rate Hikes in August

As expected, postal rates are increasing in August. The Postal Regulatory Commission approved the changes today (July 19). The proposed price changes would raise overall Market Dominant product and service prices by an average of approximately 6.9 percent.

“Competitive” rates – including Priority Mail, commonly used by online sellers – are not impacted. But you better buy stamps now – the price of a letter stamp will increase from 55 cents to 58 cents; an outbound international letter will increase from $1.20 to $1.30.

There may be a fly in the ointment, however. PostCom wrote, “The new prices will take effect August 29 absent further action by the DC Circuit as part of an ongoing industry appeal.”

IMAG tweeted today, “With PRC giving its stamp of approval on the #USPS mid-cycle, above-inflation price increase on captive customers, this seemed a good time to re-share our infographic illustrating the price hike’s impact on international mail products,” and it tweeted an image of the graphic.

You can find today’s full filing on the PRC website (PDF format).

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

3 thoughts on “PRC Approves USPS Rate Hike Set for August”

  1. Now I’m POSITIVE they’re killing American Commerce.
    They are Terrorists of the Second highest order.

  2. It’s just stamps by 3 cents?
    OH NO!!!!

    I guess I should buy a few thousand sheets to add to my thousands I got at 50 cents a few years ago.

  3. I wonder if China is still getting extremely discounted shipping rates? And Amazon? They pay very little postage too? So basically if this is true, we are subsidizing another country and large corporations. This is our own government doing this too us.

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