The United States Postal Service (USPS) has proposed raising the cost of a First-Class “Forever” stamp from 78 cents to 82 cents, a roughly 5% increase that could take effect as early as July 2026 if approved by regulators, reported Bloomberg.
The proposal is part of a broader effort to stabilize the agency’s finances, which have been under pressure for years. USPS officials say the increase reflects rising operational costs, including transportation and fuel, as well as a continued decline in traditional mail volume.
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First-class mail — historically the postal service’s most profitable product — has dropped dramatically, falling from about 220 billion pieces in 2006 to roughly half that amount in recent years.
Financial Challenges Are Significant
The USPS has reported cumulative losses of about $118 billion since 2007 and warned it could run out of cash within the next year without major changes. …Full story available on Benzinga.com
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