Postal Service Board Postpones Decision on Rate-hike Request

A statement released by the U.S. Postal Service (USPS) board of governors confirmed that the panel met Thursday and, as part of its agenda in a closed-door meeting, "considered pricing issues, including the possibility of filing for price adjustments."

The governors, the statement said, "continue to listen to stakeholders and have postponed final pricing decisions until the next scheduled Board of Governors meeting" scheduled for Sept. 24 and 25.

Postal-rate increases are capped at inflation, as measured by the Consumer Price Index. That would mean an allowable increase of about 2 percent for implementation in January.