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The U.S. Postal Service said on Friday it will not hike stamp prices in January for the first time since January 2022 after a series of price hikes in recent years. USPS in July hiked the price of ...
Postal rates to 1847. Initial United States postage rates were set by Congress as part of the Postal Service Act signed into law by President George Washington on February 20, 1792. The postal rate varied according to "distance zone", the distance a letter was to be carried from the post office where it entered the mail to its final destination.
In 2020, the Postal Regulatory Commission gave the Postal Service increased authority to raise postage rates in order to cover its operating costs. [141] Between 2021 and 2023, USPS has raised the postage rate four times. [142] In May 2023, USPS reported a $2.5 billion loss over the year's first quarter, with approximately $500 million of that ...
The combination of higher prices and slower delivery raises the risk that the USPS will lose more customers, critics say. That would come at a time when the postal service has already seen a sharp ...
August 23, 2024 at 9:16 AM. The United States Postal Service (USPS) is considering cost-cutting measures that could result in slower mail delivery for long-distance and rural services. If the ...
Postage stamps and postal history of the United States. Benjamin Franklin postage stamp. issued in 1895. Postal service in the United States began with the delivery of stampless letters whose cost was borne by the receiving person, later encompassed pre-paid letters carried by private mail carriers and provisional post offices, and culminated ...
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