PRC Issues Order Approving Rate Increases for Market Dominant Products
Today the Postal Regulatory Commission approved the Postal Service’s planned price adjustments for First-Class Mail, USPS Marketing Mail, Periodicals, Package Services, and Special Services products. The Commission determined that the rates and related mail classification changes proposed by the Postal Service are consistent with 39 U.S.C. §§ 3622(d) and 3622(e), and may take effect as planned. The new prices, scheduled to take effect January 21, 2018, include a one-cent price increase for the Forever stamp from 49 cents to 50 cents. Postcards and metered letters will also increase by one cent from 34 cents to 35 cents and from 46 cents to 47 cents respectively. A complete listing of approved pricing and classification changes may be found on the Commission’s website, www.prc.gov in Docket No. R2018-1, Order No. 4215