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U.S. Postal Service approves rate hikes

Published on .

Washington, D.C.—The U.S. Postal Service announced Monday that its board of governors decided to accept most of the rate increases recommended by the Postal Regulatory Commission.

The new periodicals rates go into effect July 15, while all other rates become effective May 14.

First-class mail stamps will increase to 41 cents. In addition, the Postal Service approved shape-based pricing for first-class mail.

The USPS said new rate tables and mailing standards—including the intricate changes to the postal rate structure that many in the magazine and direct mailing industry strongly opposed—will be posted on the Postal Service Web site (www.usps.com/ratecase).

—Carol Krol

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