US Postal Service will not hike stamp prices for first time since 2022
WASHINGTON - The US Postal Service said on Friday it will not hike stamp prices in January for the first time since January 2022 after a series of price hikes in recent years.
USPS in November reported a $6.5 billion yearly net loss as first-class mail fell to the lowest volume since 1968. Stamp prices are up 36% over the last four years since early 2019 when they were 50 cents. "We continue to drive transportation costs down," DeJoy told Reuters this month, estimating he would cut $1 billion in transportation costs this year.
First-class mail, used by most people to send letters and pay bills, is the highest revenue-generating mail class, accounting for $24.5 billion, or 31% of USPS 2023 revenue.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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