Skip to main content

Postal Rates First Class 2011

Postal Rates First Class 2011 - Postal rates will go up in April, but the cost of sending the basic letter will remain the same.

The Postal Service said Thursday that most rates will increase April 17 under a formula that allows the agency to raise prices within the rate of inflation.

The post office said the 44-cent price of a first-class stamp won't change, but heavier letters will cost more. The basic rate is for the first ounce, and the price for each extra ounce will rise from 17 cents to 20 cents.

"While changing prices is always a difficult decision, we have made every effort to keep the impact minimal for consumers and customers doing business with us at retail lobbies," Postmaster General Patrick R. Donahoe said in a statement.

Postal Rates First Class 2011

The post office can raise rates as long as it doesn't exceed inflation, which would permit an increase of 1.7 percent averaged over all mail.

The Postal Service lost $8.5 billion last year despite cuts of more than 100,000 jobs and other reductions in recent years.

The agency has lost considerable business to the Internet. Last summer the post office sought an increase that would have exceeded inflation, citing the unusual business conditions of the recession. That was rejected by the independent Postal Regulatory Commission.

The post office has appealed. In the meantime it is moving to increase rates within the legal limit because of the urgency of its financial condition.

Postal Rates First Class 2011
Labels:

Comments

Post a Comment

Popular posts from this blog

Farm dogs maul Irish Tourist

Farm dogs maul Irish Tourist - An Irish tourist who was mauled to death by two dogs while visiting an organic farm in Penang yesterday morning had more than 50 bite wounds and lacerations all over his body. Penang Hospital Forensic Department head Datuk Dr Bhupinder Singh, who performed the post-mortem on Maurice Sullivan (pix), 50, today, said he found the wounds on the victim's head, neck, hands and legs. "The victim had died as a result of severe haemorrhage due to multiple injuries from the dogs' bites," he said, adding that there were no signs that Sullivan suffered any ailment at the time of death. Farm dogs maul Irish Tourist Bhupinder also said both Sullivan's ears and the left side of his face were gnawed off in the incident. One of the ears was recovered from the scene. Bhupinder told reporters this after carrying out the post-mortem which began at 10am. Sullivan was attacked by two mongrels at the farm while taking photographs of the gr
6 comments
Read more

Man Hits Teen on Plane Over iPhone

Man Hits Teen on Plane Over iPhone - Police say a man on a Southwest Airlines flight from Las Vegas punched a teenager who refused to turn off his iPhone as the plane approached the Boise airport. Officers arrested 68-year-old Russell E. Miller, of Boise, on suspicion of misdemeanor battery Tuesday. He has been released from jail on bond. Witnesses told police the 15-year-old was playing games and listening to music on his cell phone when flight attendants instructed passengers to turn off their electronic devices because the plane was landing. Witnesses told police that when the teen didn't respond, Miller got angry and punched the boy in the arm. Miller says he "tapped" the teen on the shoulder after he refused to turn off the phone. He told the Idaho Statesman that he may have "overreacted," but that he did not punch the teen. Man Hits Teen on Plane Over iPhone
5 comments
Read more

Contactless Debit Cards

Contactless Debit Cards - Contactless debit cards will make their formal debut in Canada next year with the launch of Interac Flash from Acxsys Corp.’s Interac Association, Canada’s national debit network. Interac’s first two Flash issuers are Scotiabank and RBC Royal Bank, which will roll out their first contactless cards next summer. The first acquirer is TD Merchant Services, a unit of Toronto-Dominion Bank. More issuers and acquirers are on the way, an Interac spokesperson tells Digital Transactions News, though no announcements have been made yet. Interac and the banks tested Flash this summer at some high-volume, small-ticket merchants in downtown Toronto. The spokesperson expects national merchants will be making formal announcements about acceptance. “There’s a lot of excitement in the merchant community,” she says. “Merchants are looking for that faster throughput.” In a statement, the Retail Council of Canada endorsed the new card. “Interac Flash is a welcome and needed
Post a Comment
Read more