Friday,  Sept. 27, 2013 • Vol. 15--No. 74 • 6 of 43

USPS Rate proposals for 2014

• WASHINGTON, DC--September 25, 2013--The United States Postal Service (USPS) announced proposed price changes, including an increase in the price of a First-Class Mail single-piece letter from 46 cents to 49 cents. The proposed changes, which would go into effect in January 2014, are intended to generate $2 billion in incremental annual revenue for the Postal Service.
• Highlights of the new single-piece First-Class Mail pricing, effective Jan. 26, 2014 include:
• Letters (1 oz.)--3-cent increase to 49 cents
• Letters additional ounces--1-cent increase to 21 cents
• Letters to all international destinations (1 oz.)--$1.15
• Postcards--1-cent increase to 34 cents
• Stamp prices have stayed consistent with the average annual rate of inflation of 4.2 percent since the Postal Service was formed in 1971. Pricing for Standard Mail, Periodicals, Package Services and Extra Services also will be adjusted as part of a filing to the Postal Regulatory Commission (PRC) scheduled to take place Sept. 26.
• The Governors of the Postal Service voted Sept. 24 to seek price increases above the typical annual increases associated with changes in the Consumer Price Index (CPI).
• In a letter disseminated to customers, Board of Governors Chairman Mickey Barnett described the "precarious financial condition" of the Postal Service and the

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