U.S. Markets closed

U.S. Postal Service Announces New Prices for 2020

No change in price of Forever stamp

WASHINGTON, Oct. 9, 2019 /PRNewswire/ -- The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes to take effect Jan. 26, 2020.

(PRNewsfoto/U.S. Postal Service)

The proposed prices, approved by the Governors of the Postal Service, would raise Mailing Services product prices approximately 1.9 percent. Shipping Services price increases vary by product. For example, Priority Mail Express would increase 3.5 percent and Priority Mail would increase 4.1 percent, on average. Although Mailing Services price increases are based on the Consumer Price Index, Shipping Services prices are primarily adjusted according to market conditions. The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue.

If favorably reviewed by the PRC, the new prices will include no increase in the price of a First-Class Mail Forever stamp, which would remain at 55 cents. The single-piece letter additional ounce price would remain at 15 cents. Also unchanged would be the prices of postcard stamps at 35 cents, and 1-ounce flats at $1.

The proposed Mailing Services price changes include:




Product

Current

Proposed

Letters (1 oz.)

55 cents

55 cents

Letters additional ounces

15 cents

15 cents

Letters (metered 1 oz.)

50 cents

50 cents

Flats (1 oz.)

$1

$1

Outbound International Letters (1 oz.)

$1.15

$1.20

Domestic Postcards

35 cents

35 cents




The proposed domestic Priority Mail Flat Rate Retail price changes are:




Product

Current

Proposed

Small Flat-Rate Box

$7.90

$8.30

Medium Flat-Rate Box

$14.35

$15.05

Large Flat-Rate Box

$19.95

$21.10

APO/FPO Large Flat-Rate Box

$18.45

$19.60

Regular Flat-Rate Envelope

$7.35

$7.75

Legal Flat-Rate Envelope

$7.65

$8.05

Padded Flat-Rate Envelope

$8

$8.40

The Postal Service has some of the lowest letter mail postage rates in the industrialized world and also continues to offer a great value in shipping. Unlike some other shippers, the Postal Service does not add surcharges for fuel, residential delivery, or regular Saturday or holiday season delivery.

The PRC will review the prices before they are scheduled to take effect Jan. 26, 2020. The complete Postal Service price filings with prices for all products can be found on the PRC site under the Daily Listings section at prc.gov/dockets/daily. For the Mailing Services filing see Docket No. R2020-1. For the Shipping Services filing see Docket No. CP2020-5. The price change tables are also available on the Postal Service's Postal Explorer website at pe.usps.com/PriceChange/Index .

The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

Please Note: For U.S. Postal Service media resources, including broadcast quality video and audio and photo stills, visit the USPS Newsroom . Follow us on Twitter , Instagram , Pinterest , and LinkedIn . Subscribe to the USPS YouTube Channel , like us on Facebook and enjoy our Postal Posts blog . For more information about the Postal Service, visit usps.com and facts.usps.com .

Carl A. Walton
carl.a.walton@usps.gov
202.268.6539
usps.com/news

Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/us-postal-service-announces-new-prices-for-2020-300935017.html

SOURCE U.S. Postal Service