![]() * Current postage rates and stamp price chart, rates from Stamps. Priority Mail International (1 lb., zone 1)įirst Class Package International Service (1-2 oz., zone 1) 2013 Stamp Prices and Current Postage Rates New Rate (effective January 27, 2013)įirst Class Mail Letter – each additional ounceįirst Class Mail flat – each additional ounceĮxpress Mail International (0.5 lb., zone 1) This means that consumer should expect further rises in prices to help reduce the losses. Industry experts believe only congressional change can help make the USPS a viable business in the future. Declines have been as much as 25% reduction in volume since 2008. With the ever growing popularity of emails, e-cards and online payments, the US postal service has seeing large declines in deliveries. The price of stamps and postage fund the agency and pay for its employees and overhead however year over year income has been declining. ![]() The postal service is not like other government agencies as it is self-sustaining meaning that the tax payers do not pay taxes for its services. This reduction in deliveries has been in talks for years to help reduce costs however it alone is only expected to save $2.7 billion annually. Other deliveries such as mail-ordered prescriptions, packages, and express mail will continue to be delivered on Saturdays. In addition to rising stamp prices, the agency just announced today,, that they will be no longer be delivering mail on Saturdays for first class mail including, letters, bills, cards and catalogs. The rise in prices will barely make a dent in the dent however actions must be taken as the agency has tapped out their lines of credit with the US Treasury and are unable to sustain their own losses. Although there is a rise in prices, mail delivery is still a bargain in the US with comparable prices in the UK at 60 pence which equals about 94 cents ($0.94). That amounts to losses of $43,561,643.84 each day of the year! These losses clearly cannot continue so the agency has taken actions to reverse the trend by increasing stamp prices and stopping mail delivery on Saturday.Įffective, The United State Postal Service has raised stamp prices to 46 cents ($0.46) for a standard first class letter, up from the 45 cents ($0.45) that they raised prices to last January, 2012. Last year alone the USPS reported losses of 15.9 billion dollars for the fiscal year end on Sept 30 th. The United State Postal Service has been making some major changes to help reduce their exorbitant losses they have been suffering.
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