Postage increase in 2011

Postal rates will increase January, 2011.

The United States Postal Service today filed for a price increase with the Postal Regulatory Commission. Overall, the increase will average 5.6%.

First-Class Mail will rise 5.4% on average making a first class stamp 46 cents. Presorted letter prices will increase an average of 2.1 cents. Presorted flats will jump about 12%, on average.

Standard Mail prices will increase an average of 5.6%. The increase for standard letters will be about 5.0% and flats 5.1%. STD parcels will jump 23.3%, since they currently do not cover their costs. Other classification changes will be proposed as well.

Periodicals will increase by 8% and Package Services will increase 7%, except for Bound Printed Matter flats which will rise only 5%.

The Postal Service acknowledges the price increase will impact customers, but expects the total net benefit of the higher prices to be about $2.3 billion, an amount that will reduce the agency's anticipated Fiscal Year 2011 loss to about $4.7 billion.

The Postal Rate Commission has 90 days to respond and could make changes to the proposed rates. Implementation is planned for January 2, 2011.

We will keep you updated on further developments.
With our inhouse mailing services DeFrance can save you money on postage ensuring you recieve the optimum postage rates on first class, bulk mail or non profit mailings.
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