First class mail rate increase

The United States Postal Service (USPS) has announced a rate increase for First-Class Mail, which is expected to take effect on August 29, 2021. Here are the details:

New Rates:

• First-Class Mail Letters (1 oz):
  • Current rate: $0.55
  • New rate: $0.58
• First-Class Mail Large Envelopes (1 oz):
  • Current rate: $0.95
  • New rate: $1.00
• First-Class Mail Flats (1 oz):
  • Current rate: $1.00
  • New rate: $1.05

Other Changes:

• The USPS is also increasing rates for other mail classes, including:

  • Priority Mail: 2.5% to 3.5% increase
  • Priority Mail Express: 2.5% to 3.5% increase
  • Parcel Select: 2.5% to 3.5% increase
  • Media Mail: 2.5% to 3.5% increase

Why the Increase?

The USPS cites rising costs, including:

• Increased fuel prices
• Higher labor costs
• Increased costs for maintenance and repairs of postal facilities and vehicles
• The need to invest in new technologies and infrastructure to improve service and efficiency

Tips for Affected Businesses:

• Review your mailing processes and consider alternative shipping options, such as electronic invoicing or digital communication.
• Consider negotiating with your mail service provider or exploring alternative providers.
• Plan ahead and adjust your budget accordingly to account for the rate increase.

What You Can Do:

• Check the USPS website for the latest rate information and updates.
• Review your mailing processes and adjust your budget accordingly.
• Consider consolidating your mailings or using alternative shipping options to reduce costs.

Remember to check the USPS website for the latest information on rate changes and updates.