On July 6, the United States Postal Service announced its proposed prices for Mailing Services products, which include First-Class Mail parcels, Standard Mail Parcels and Non Flat Machineable , Bound Printed Matter, & Media Mail… there is a 23.3% average increase proposed for Standard Parcels & Non Flat Machineable Pieces. The USPS filed the proposed prices with the PRC, which by law has 90 days (until October 4) to review them and issue a final decision on whether “extraordinary and exceptional circumstances” exist to justify this effort, and whether the prices requested are in fact “reasonable and equitable and necessary.” The New Rates will go into effect January 3, 2011, if the PRC approves the increase.
It appears there is a cash crunch and this might be a way of the USPS to solve it…
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