11/9/2017

PRC ISSUES ORDER APPROVING RATE INCREASES FOR MARKET DOMINANT PRODUCTS

Washington, DC – 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

The Postal Regulatory Commission is an independent federal agency that provides regulatory oversight over the U.S. Postal Service to ensure the transparency and accountability of the Postal Service and foster a vital and efficient universal mail system.  The Commission is comprised of five Presidentially-appointed and Senate-confirmed Commissioners, each serving terms of six years.  The Chairman is designated by the President.  In addition to Chairman Robert G. Taub, the other commissioners are Vice Chairman Mark Acton and Commissioners Nanci Langley and Tony Hammond. Follow the PRC on Twitter: @PostalRegulator