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Home » USPS: no rate hikes for standard mail in 2010
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USPS: no rate hikes for standard mail in 2010

October 16, 2009
Mark B. Solomon
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The U.S. Postal Service said yesterday that it will not raise its rates during 2010 on single-piece parcel post, first-class and standard mail, and deliveries of periodicals, its so-called market-dominant product lines.

The move comes as the Postal Services reels under multibillion dollar losses and steadily deteriorating volumes for traditional products like first-class mail. "While increasing prices might have generated revenue for the Postal Service in the short term, the long-term effect could drive additional mail out of the system," Postmaster General John Potter said in a statement. "We want mailers to continue to invest in mail to grow their business, communicate with valued customers, and maintain a strong presence in the marketplace."

Potter said a decision on pricing changes for so-called market competitive products like Priority and Express Mail, as well as internal products, will be announced in November.

Gerard Hempstead, who heads a consulting firm that specializes in postal and parcel issues, says he expects rates on market competitive products to rise between 5 and 7 percent, effective early January.

Transportation Parcel & Postal Carriers
KEYWORDS USPS - United States Postal Service
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Marksolomon
Mark Solomon joined DC VELOCITY as senior editor in August 2008, and was promoted to his current position on January 1, 2015. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From 1989 to 1994, he worked in Washington as a reporter for the Journal of Commerce, covering the aviation and trucking industries, the Department of Transportation, Congress and the U.S. Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From 1994 to 2008, Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in 1978 with a B.A. in journalism from The American University in Washington, D.C.

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