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Newspaper group against increase for postage rates

The Postal Regulatory Commission (PRC) has approved the U.S. Postal Service’s (USPS) proposal to raise postage rates by more than triple today’s inflation.

The new rates will likely go into effect Jan. 26 if the USPS elects to accept the PRC’s decision. The PRC did disagree, however, with the Postal Service’s justification for a proposed exigency rate increase that it lost more than 53 billion pieces of mail because of the Great Recession.

The PRC continues to blame Internet diversion as the principal reason for Postal Service losses.

Tuesday, December 31, 2013 10:37 AM

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