postage rate hike

The U.S. Postal Service announced plans to hike postage rates on several different types of mail in April, but the cost of sending Mother's Day cards in May will stay the same. The postal service said the cost of a stamp for a basic letter will remain 44 cents, but the price to send larger...

The U.S Postal Service reported a $3.5 billion third quarter loss due to continued declines in mail volume and increased costs from retiree health benefits. Without help from Congress and a postage rate increase, it could run out of cash in 2011.

First there is talk of dropping a day of mail service. Now the U.S. Postal Service is proposing to raise the price of a stamp to 46 cents from the current 44 cents, a 4.5% increase, and it has a big fight on its hands. Mailers of all stripes are gearing up to fight the increase, which the USPS...