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A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries. Additionally, the overall increase in stamp prices from June 2018 to June 2023 (26%) was significantly lower than the average increase of 55% experienced by those same countries.
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
The US Postal Service filed a notice with its regulators to increase prices on First-Class “Forever” stamps to 73 cents from 68 cents, marking yet another price hike for the financially ...
Inflation and increased operating expenses are the reasons behind USPS’ new prices. But the price increase returns for the second time in less than a year. In August 2021, postal officials ...
In August 2014, former Postmaster General Benjamin F. Bailar complained that the USPS was "prostituting" its stamps by focusing on stamps centered on popular culture, not cultural icons. He claims that this is a move aimed at making up for the USPS' revenue shortage at the expense of the values of the stamp program. [75] [76]
It reorganized the Postal Rate Commission, compelled the USPS to pay in advance for the health and retirement benefits of all of its employees for at least 50 years, [4] and stipulated that the price of postage could not increase faster than the rate of inflation. [6] [7] It also mandated the USPS to deliver six days of the week. [8]
USPS plans second rate hike of 2024. You are not having déjà vu, stamp prices are going up again this year by 7.8%. The price increase is expected to start this month. There will not be a price ...
In 2023 alone, the postal service reported a $6.5 billion deficit. For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two ...
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