The United States Postal Service (USPS) recently filed its new pricing for the 2020 postal rate increase among its various mail class products with an average price increase of 1.9% across the board. Pending review by the Postal Regulatory Commission (PRC), the new prices will begin on January 26, 2020. The good news is that while a postage pricing increase is a disappointment for all involved, carrier route mail did not see as dramatic of an increase as other mail classes. We believe this will open up additional opportunities to get involved in a postage cost-savings plan. For catalogers, one of the best ways to achieve this carrier route pricing tier is through co-mailing – which is the process of combining and sorting multiple different titles into a single mail stream it enters into the postal facilities.
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes to take effect Jan. 26, 2020.
The proposed prices, approved by the Governors of the Postal Service, would raise Mailing Services product prices approximately 1.9 percent. Shipping Services price increases vary by product. For example, Priority Mail Express would increase 3.5 percent and Priority Mail would increase 4.1 percent, on average. Although Mailing Services price increases are based on the Consumer Price Index, Shipping Services prices are primarily adjusted according to market conditions. The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue.
If favorably reviewed by the PRC, the new prices will include no increase in the price of a First-Class Mail Forever stamp, which would remain at 55 cents. The single-piece letter additional ounce price would remain at 15 cents. Also unchanged would be the prices of postcard stamps at 35 cents, and 1-ounce flats at $1.
details at: https://about.usps.com/newsroom/national-releases/2019/1009-usps-announces-new-prices-for-2020.htm