U.S. Postal Service Announces New Domestic Competitive Prices for 2021

The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes to take effect Jan. 24, 2021.

The proposed prices, approved by the Postal Service Governors, would raise Shipping Services product prices approximately 3.5 percent for Priority Mail service, and 1.2 percent for Priority Mail Express service. Shipping Services price increases vary by product. Although Mailing Services price increases are based on the consumer price index, Shipping Services prices are primarily adjusted according to market conditions. The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue.

If favorably reviewed by the PRC, the new prices will include an increase in the price of a Small Flat-Rate Box to $8.45. The Medium Flat-Rate Box would increase to $15.50, the Large Flat-Rate Box would increase to $21.90 and the price of the APO/FPO Large Flat-Rate Box would increase to $20.40. Regular Flat-Rate Envelopes, Legal Flat-Rate Envelopes, and Padded Flat-Rate Envelopes would increase to $7.95, $8.25, and $8.55 respectively.

The proposed domestic Priority Mail Flat Rate Retail price changes are:

Product Current Planned Increase
Small Flat-Rate Box $8.30 $8.45
Medium Flat-Rate Box $15.05 $15.50
Large Flat-Rate Box $21.10 $21.90
APO/FPO Large Flat-Rate Box $19.60 $20.40
Regular Flat-Rate Envelope $7.75 $7.95
Legal Flat-Rate Envelope $8.05 $8.25
Padded Flat-Rate Envelope $8.40 $8.55

The Postal Service has some of the lowest letter-mail postage rates in the industrialized world and continues to offer a great value in shipping. Unlike some other shippers, the Postal Service does not add surcharges for fuel, residential delivery or regular Saturday delivery.

The PRC will review the prices before they are scheduled to take effect. The complete Postal Service price filings with prices for all products can be found on the PRC site under the Daily Listings section at prc.gov/dockets/daily. For the Shipping Services filing, see Docket No. CP2021-28. The price change tables are also available on the Postal Service’s Postal Explorer website at pe.usps.com/PriceChange/Index.
https://about.usps.com/newsroom/national-releases/2020/1116-usps-announces-new-domestic-prices-for-2021.htm

Related Posts

Congress Seeks to Cut USPS Prefunding (multichannelmerchant.com)

Yet another effort is underway in Congress to eliminate the costly prefunding of U.S. Postal Service retiree healthcare benefits that have been an albatross for the USPS since a 2006 reform measure, and this time appears to have some more bipartisan momentum. A reform act that would eliminate the prefunding, which has cost the USPS many billions over the years, passed the House in 2020 but was hung up in the Senate. Now senators Brian Schatz (D-HI) and Steve Daines (R-MT) have reintroduced the measure, according to Federal News Network. A companion bill has been proposed by House Oversight and Reform Committee Chairwoman Carolyn Maloney (D-NY) and House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-OR), along with Reps. Brian Fitzpatrick (R-PA), Tom Reed (R-NY) and Colin Allred (D-TX).

Printed Receipts Still Matter. Here’s Why.

Holiday spending is expected to increase as much as 4 percent this year. That may not sound like much, but Americans are on track to spend a record $960 billion celebrating the December holidays. For retailers and consumers alike, printed receipts can help make the season brighter. Traditionally, Black Friday heralds the start of the holiday season, but for many, holiday spending is already in full swing, and it won’t stop until January, after the last gifts have been opened and any returns have been made. And despite what some anti-receipt advocates say, consumers overwhelmingly prefer to receive printed receipts with their purchases instead of digital receipts. “In our recent consumer survey, we found that 76 percent of folks want some form of a printed receipt, or at least the option to choose a printed receipt,” says Andrea Forehand, Domtar’s director of sales for thermal POS. “Skip the Slip legislation has come up twice in California, and we’ve been successful in lobbying to prevent that legislation from becoming law because people do want the choice.”

News Corp Reports First Quarter Results for Fiscal 2022

Fiscal 2022 First Quarter Key Financial Highlights: *Revenues were $2.50 billion, an 18% increase compared to $2.12 billion in the prior year, driven by growth across key segments *Net income of $267 million compared to $47 million in the prior year *Total Segment EBITDA was $410 million compared to $268 million in the prior year *Reported EPS were $0.33 compared to $0.06 in the prior year – Adjusted EPS were $0.23 compared to $0.08 in the prior year *Digital Real Estate Services segment revenues grew 47%, driven primarily by strong yield and demand at both REA Group and Move, operator of realtor.com® *Dow Jones saw its highest first quarter revenue and profitability since its acquisition *Book Publishing segment revenues grew 19%, benefiting from the HMH acquisition and continued strong consumption patterns *Subscription Video Services Segment EBITDA grew 46% as Foxtel’s streaming products reached approximately 2.1 million paid subscribers, up 69% compared to the prior year *News Media segment revenues grew 18%, benefiting from the rebound in the advertising market, strong digital subscriber gains and new content licensing revenues from recent news payment agreements with major tech platforms *Announced a $1 billion stock repurchase program and the termination of the Stockholder Rights Agreement
Back To Top
×Close search
Search