On Friday, October 6, 2017, the United States Postal Service® (USPS®) submitted their proposed rate change cases for both the Market Dominant and Competitive product price lists to the Postal Regulatory Commission (PRC), both with an intended effective date of Sunday, January 21, 2018 at 12:01am.  The PRC has approved the proposal. Here are the details of the rate changes for some of the most popular mail classes.

Mailing Services:  Product prices will increase an average of approximately 1.9%

 

First-Class Mail®

The price of a First-Class Mail Forever stamp will increase one cent. Meter users still receive a 3 cent discount.

 

Shipping Services: Product prices will increase an average of approximately 3.9%

 

Priority Mail®

Are you a NeoShip user? You’re eligible for Commercial Base Pricing (CBP).

What is CBP? In the notice, USPS® states, “The Commercial Base price category offers lower prices to customers using authorized postage payment methods.” With regards to the January rate change for Priority Mail®, “The Commercial Base prices will increase 6.2 percent on average. Commercial Base prices will, on average, reflect a 9.4 percent discount off of Retail prices.”

 

 

Priority Mail Express®

The price for the Retail Flat Rate Envelope, a significant portion of all Priority Mail Express volume, is increasing to $24.70 from $23.75.

Are you a NeoShip user? You’re eligible for Commercial Base Pricing.

With regards to the January rate change for Priority Mail Express®, the USPS® states, “The Commercial Base prices will increase 3.7 percent on average. Commercial Base prices will be set at an average 11 .3 percent discount off of Retail prices.”

 

 

Get more details in the latest press release from the USPS®.

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Rate Change

Details on the September 3, 2017 USPS® Rate Change

The Postal Regulatory Commission (PRC) approved a reclassification request filed by the USPS®. As a result, a new retail price category will be added to the First Class Package Service mail class.  This new retail rate category will be called First Class Package Service Retail and include pricing for parcels weighing up to 13 oz.  Existing First Class Package Service commercial price categories will be unaffected and provide pricing for packages up to 16oz.

The following pricing structure went into effect on September 3, 2017.

Read more about the impact of this rate change and keep up with the story on our blog.

 

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NeoShip by Neopost is the simple, powerful choice for online shipping that can guarantee you savings. Plus, learn how you can save time by eliminating trips to the Post Office and gain visibility to tracking information with this IMpb-compliant solution.

 

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USPS® Rate Change Effective January 22, 2017.

The United States Postal Service (USPS®) received approval from the Postal Regulatory Commission (PRC) to implement new rates for both their mailing and shipping products effective January 22, 2017.  In the PRC's ruling, the USPS received the go ahead with the proposed rate changes for First-Class Mail®, Standard Mail, Periodical and Package Service products. The Special Service decision is still pending, but is expected to be approved before the effective date.

Notably, retail customers will see the return of First-Class stamps to 49 cents. But there is a big silver lining for postage meter users, who will get a reduced meter rate of 46 cents for First-Class Mail, amounting to a 6% savings.

The Postal Service also received the approval for proposed price changes for some shipping products. These include price adjustments to Priority Mail Flat Rate Boxes and Priority Mail Flat Rate Envelopes. For more information on this story, visit our blog.

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Rate Guide Update

Note: We are currently updating our rate guide to reflect the upcoming rate changes. For now, you may download the existing guide, and we will email you the new guide as soon as it is ready.

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