Postal Rates Set to Increase

The Postal Service announced new rates effective May 12. This is the first rate increase that falls under the new regulations established by the PIA-championed postal reform legislation, which means that the new prices can increase on average no more than the rate of inflation.

While future increases were inevitable, there is confidence that the new rate-setting process will achieve the industry’s policy goals: more predictability and affordability in relation to USPS rate increases.