Continuing with the pattern it’s established over the past few years, the United States Postal Service (USPS) has released new postage rates that will go into effect on January 21st, 2024.
That Time of Year: January 2023 Postal Rates Changes
That Time of Year: 2022 Postal Rates Changes
The United States Postal Service (USPS) has released its new postage rates, effective July 10, 2022. These changes taking effect in July will result in an increase of approximately 6.5% for First Class mail. We recommend that you analyze the impact of these changes on your policyholder communications now.
Post Office Announces New Service Standards for First-Class Mail
Updates on USPS Operations
A big component of our document output service in helping carriers with policyholder communications is the United States Postal Service. With this heavy industry reliance on the USPS, we think it’s important to keep clients updated on developments and changes related to the organization. There are two issues with the USPS that are top of mind for us at the moment, one ongoing and another that’s emerging as a possibility.
That Time of Year: 2021 Postal Rates Changes
Every year at this time the United States Postal Service releases its new postage rates for the coming year. We highly recommend that you begin analyzing the impact of these changes on your policyholder communications now. Small increases, when extrapolated through the full year and applied to the total number of mailings you send, can end up causing a big variance on your spend year-over-year.
The USPS is Rolling Back Prices This Spring
At the end of February, the United States Postal Service announced that the exigent rate case that was passed in 2014 has expired. What that means is that postage rates will decrease approximately 4% for first class rate category mailings beginning in April. The USPS is referring to this savings as 2016 Spring Rollback Pricing.