USPS Postal Service Rate ChangeMarch 2, 2016
By Todd Haycock
On February 25 2016, the Postal Regulatory Commission (PRC) announced that the Postal Service is projected to have collected from the 4.3% exigent surcharges the limit of $4.6 billion. As set forth in the rulings the exigent surcharge will be removed and postage rates will be decreased as of April 10, 2016.
New rate changes proposed by the U.S. Postal Service:
- The new rates will go into effect on April 10, 2016.
- Intelligent Mail barcode (IMb) is required for automation mail postage rates.
- Intelligent Mail barcode Full Service discount will remain at $0.003 per qualified mail piece.
- Retail single piece rate will be changed from $0.49 to $0.47 for 1 ounce letter mail.
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