Thursday, September 26, 2024
HomeMorris CountyUSPS Holds Off Price Hike for First-Class Mail Until July 2025

USPS Holds Off Price Hike for First-Class Mail Until July 2025

spot_img
spot_img

The United States Postal Service (USPS) will not raise prices for First-Class Mail or other Market Dominant products in January 2025, following a recommendation from Postmaster General Louis DeJoy. The USPS Board of Governors accepted DeJoy’s suggestion, meaning the cost to mail a one-ounce single-piece First-Class letter will remain unchanged.

DeJoy highlighted that the USPS’s operational strategies are improving service reliability and efficiency, with projected inflation on the decline. As a result, no rate increase is expected before July 2025.

“Our strategies are working, and projected inflation is declining,” DeJoy said. “Therefore, we will wait until at least July before proposing any increases for Market Dominant services.”

The Postal Service reaffirmed its commitment to keeping costs low while delivering mail and packages across the nation at least six days a week as part of its long-term Delivering for America plan. The USPS also noted that very few countries have a lower price for domestic single-piece letters.

This decision aligns with the Postal Service’s public service mission to provide affordable, nationwide service while maintaining financial sustainability.

spot_img
spot_img
Frank Cahill
Frank Cahillhttps://www.frankcahill.com
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, President Kiwanis Club of Tri-Town, and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board. Owner of the Morris now app serving small business in Morris County.
RECENTLY POSTED
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Click on image to read magazine

spot_img
spot_img
Translate »