Postal Service asks to raise stamp price to 73 cents, the 5th hike in 3 years Fortune

Image for article Postal Service asks to raise stamp price to 73 cents, the 5th hike in 3 years  Fortune
News Source : Fortune

News Summary

  • U
  • S
  • Postmaster General Louis DeJoy previously warned postal customers to get used to ‘uncomfortable’ rate hikes
  • If approved, the 5-cent increase for a ‘forever’ stamp and similar increases would take effect July 14
  • There will be no price increase for post office box rentals
The U.S. Postal Service signaled plans Tuesday for a rate increase that includes hiking the cost of a firstclass stamp from 68 cents to 73 cents, part of an overall 7.8% increase to take effect this [+894 chars]

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