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Thursday, dec 26
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Business
USPS Releases Info On Holiday Prices, Deadlines, Unveils Santa Claus Stamps
The United States Postal Service is gearing up for the holidays, unveiling its brand-new holiday stamps and announcing shipping deadlines to deliver mail by Christmas. The USPS shared in an announcement on Thursday, Oct. 7, that the postal service is releasing a number of holiday and winter-themed stamps, including the brand new Santa Claus stamps. “The A Visit From St. Nick stamps bring joy to the kid in all of us,” said Scott Bombaugh, the Postal Service’s vice president and chief technology officer. “Holiday cards and letters mailed with these stamps will delight people of all ages. The…
Business
USPS Announces Largest Increase In Price Of A Stamp In Nearly Three Decades
The United States Postal Service has officially announced what will be the largest cost hike for stamps since 1991. This pricing increase affects “forever” stamps, which will now cost 55 cents, making for a five-cent up-charge. This cost hike was initially proposed last October and approved in November. USPS reported a net loss of $3.9 billion during the 2018 fiscal year, and the new rates are intended to keep the service “competitive.” "The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue," wrote USPS in a statement…