U.S. Postal Service Rate Change Aug. 29, 2021
New prices August 29, 2021
U.S. Postal Service Rate Change Aug. 29, 2021
As part of "Delivering for America," its 10-year plan to achieve financial sustainability and service excellence, the United States Postal Service price changes will take effect Aug. 29, 2021, that are in accordance with the rules recently established by PRC last year.
The price changes would raise overall Market Dominant product and service prices by approximately 6.9 percent. First-Class Mail prices would increase by 6.8 percent to partially offset declining revenue due to First-Class Mail volume declines. In the past 10 years, mail volume has declined by 46 billion pieces, or 28 percent, and is continuing to decline. Over the same period, First-Class Mail volume has dropped 32 percent, and single piece First-Class Mail volume — including letters bearing postage stamps — has declined 47 percent.
"For the past 14 years, the Postal Service has had limited pricing authority to respond to changing market realities," said Postmaster General and CEO Louis DeJoy. "As part of our 10-year plan to achieve financial sustainability and service excellence, the Postal Service and the Board of Governors are committed to judiciously implementing a rational pricing approach that helps enable us to remain viable and competitive and offer reliable postal services that are among the most affordable in the world."
The Mailing Services price changes include:
|
Product |
Current Prices |
New Prices |
|
Letters (1 oz.) |
55 cents |
58 cents |
|
Letters additional ounce(s) |
20 cents |
20 cents (unchanged) |
|
Letters (metered 1 oz.) |
51 cents |
53 cents |
|
Domestic Postcards |
36 cents |
40 cents |
|
Flats (1 oz.)
|
$1.00
$1.20 |
$1.16
|
Contacts
Doug Norwood, operations manager
Mailing Services
479-575-5649,
dwnorwo@uark.edu
Headlines
PetSmart CEO J.K. Symancyk to Speak at Walton College Commencement
J.K. Symancyk is an alumnus of the Sam M. Walton College of Business and serves on the Dean’s Executive Advisory Board.
Faulkner Center, Arkansas PBS Partner to Screen Documentary 'Gospel'
The Faulkner Performing Arts Center will host a screening of Gospel, a documentary exploring the origin of Black spirituality through sermon and song, in partnership with Arkansas PBS at 7:30 p.m. Thursday, May 2.
UAPD Officers Mills and Edwards Honored With New Roles
Veterans of the U of A Police Department, Matt Mills has been promoted to assistant chief, and Crandall Edwards has been promoted to administrative captain.
Community Design Center's Greenway Urbanism Project Wins LIV Hospitality Design Award
"Greenway Urbanism" is one of six urban strategies proposed under the Framework Plan for Cherokee Village, a project that received funding through an Our Town grant from the National Endowment for the Arts.
Spring Bike Drive Refurbishes Old Bikes for New Students
All donated bikes will be given to Pedal It Forward, a local nonprofit that will refurbish your bike and return it to the U of A campus to be gifted to a student in need. Hundreds of students have already benefited.