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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 2007, the USPS introduced shape-based pricing which offered more significant postal discounts for mailers who sorted flat-sized mailpieces. In response to this postal change, the market responded with new low-cost systems designed specifically to support flat mail sorting for mailers who process between 500 and 10,000 first class flats per day.
In fact, UPS [1] and FedEx [2] both announced that starting 2015, shipping charges on all shipments (air and ground) will be determined by greater of the actual weight and dimensional weight of a package. Prior to this announcement, dimensional weight charges were only applicable to packages of a specific size range.
A USPS fact sheet about the proposed changes notes that the plan would have no impact on 75% of first-class mail. The combination of higher prices and slower delivery raises the risk that the USPS ...
First-Class Mail in the U.S. includes postcards, letters, large envelopes (flats), and small packages, providing each piece weighs 13 ounces (370 g) or less. Delivery is given priority over second-class ( newspapers and magazines ), third class (bulk advertisements), and fourth-class mail (books and media packages).
On January 26, 2014, the postal service raised the price of First-class postage stamps to 49 cents. Rates for other mail, including postcards and packages, also increased. [52] Starting in 2005, the USPS offered customers the ability to design and purchase custom stamps, which were offered through third-party providers, like Stamps.com and Zazzle.
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