![]() ![]() ![]() While the service has been handling more package delivery, the loss in mail delivery has been more dramatic – and mail is the service's main source of revenue, Postmaster General and CEO Megan Brennan said earlier this year of the financial loss. ![]() The new price plan comes at a time when USPS is struggling with sales, as mail has been replaced with electronic communication. The Postal Regulatory Commission must approve the changes before they could go into effect. For example, a medium flat rate box that now goes for $13.65 would increase to $14.35. Priority Mail flat rate prices could also increase by an average of 5.9 percent. Extra Services and Fees 70 Quick References InternationalRetail 71 Notice 123, Price List,HLJPL1HUHY Domestic Postal Explorer® pe. So, a 2-ounce stamped letter would decrease from 71 cents to 70 cents, according to a statement. Before recalculating the cost of sending those wedding invitations, USPS said the change would also reduce the additional ounce price of letters. In an April news release, USPS cited rising operating costs 'fueled by inflation' for the increase in stamp prices. The USPS board of governors requested a 5 cent increase to the forever stamp, up to 55 cents. Postal Service is seeking to increase the price of its first-class mail forever stamp in the biggest price hike since 1991. Watch Video: Forever stamps get more expensive this weekend ![]()
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