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On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
In the first quarter of fiscal 2024 alone, USPS reported a $2.1 billion net loss, more than double its $1 billion net loss during the same time period in 2023. (The USPS says it plans to break ...
The United States Postal Service announced plans to raise the price of Forever stamps and other postage for 2023. Upon approval from the Postal Regulatory Commission, USPS says the cost of first ...
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847.[ 20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
But the price increase returns for the second time in less than a year. In August 2021, postal officials increased the price of most of its first-class mail up to 10 cents to “help achieve ...
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas, and its associated states.
Special postage stamps were issued for use with this service. [1] Domestic air mail became obsolete in 1975, and international air mail [2] in 1995, when the USPS began transporting First Class mail by air on a routine basis. [3] [4] All post-1977 United States stamp images are copyright of USPS. [5]
If approved by the Postal Regulatory Commission, the changes would take effect Jan. 21, 2024. New rates include… Postal Service to increase stamp prices again in 2024 due to ‘inflationary ...