The United States Postal Service will be adjusting their postage rates on all mail classes on May 12, 2008.
The rate increase is in accordance with the Postal Accountability and Enhancement Act, which is the regulation of how the USPS adjusts their rate to compete fairly in the marketplace.
In a nutshell, the adjustment is based on the Consumer Price Index (CPI) and the USPS states that all rate adjustments are at or below the rate of inflation.
Here is a recap of the new postage rates:
- The single-piece First-Class first ounce rate will rise to $0.42 for letters, $0.27 for cards, $0.83 for flats, and $1.17 for parcels.
- The first ounce auto 5-d rate will be $0.324 for letters, $0.364 for flats, and $0.711 for parcels.
- For Standard Mail, the minimum per-piece rate for letters (auto 5-d, origin entry) will be $0.225 and $0.339 for flats.
If you want a PDF with full details, please visit:
http://pe.usps.com/2008_RateCase/Notice123/Notice123.pdf
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Tags: Postage, Postal Rate Case, USPS

