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For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two years. Even more increases are to come as this 10-year plan plays out.
Ground Advantage prices will go up 5.4%, Priority Mail will increase by 5.7%, and Priority Mail Express will be raised 5.9% starting Jan. 21, 2024. USPS said it is also seeking a price increase ...
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.
The price increase is expected to start this month. There will not be a price increase for Post Office Box rental fees. The cost of postal insurance when mailing items will go down 10%.
In 1977, the Postal Service introduced Express Mail; the two services operated concurrently for the next 20 years. [7] On June 7, 1997, the United States Postal Service terminated Special Delivery mail service [8] which left many unused Special Delivery stamps in circulation that were no longer valid for such postage. The remaining stamps were ...
The USPS has raised postage rates twice in 2024, with a two-cent per stamp increase in January and a second boost in July, ... It delivered 112 billion pieces of mail, magazines, packages and ...
In the United States in November 2012, the purchase price was $2.20 [6] USD; however, the US Postal Service discontinued sales of IRCs on 27 January 2013 due to declining demand. [7] Britain's Royal Mail also stopped selling IRCs on 31 December 2011, citing minimal sales and claiming that the average post office sold less than one IRC per year.
Despite the string of increases, stamp prices in the U.S. were still lower in early 2023 than in many other developed countries, including Canada and the United Kingdom, according to a ranking by ...