Tuesday, March 20, 2007

New postal rates to take effect May 14

The Postal Service Governors has approved an increase in the price of a First-Class stamp to 41 cents, authorized the issuance of the Forever Stamp, approved shape-based pricing and set a May 14 implementation date for these changes. However, they delayed implementation of periodicals and requested reconsideration for some mail classes.

According to the Associated Press, James C. Miller III, chairman of the postal board, said the forever stamp could go on sale as soon as next month, at the 41-cent rate. Miller said in a telephone interview that there is no limit on sales of the forever stamps but noted they are generally intended for consumers and won't be produced in the massive rolls often used by businesses.

The paper reports each additional ounce will cost 17 cents, down from the current 24 cents. Postcards will be 26 cents, up from 24 cents.

To read the entire article, click here.
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posted by Don Schilling at 12:01 AM