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In the first quarter of fiscal 2024 alone, USPS reported a $2.1 billion net loss, more than double its $1 billion net loss during the same time period in 2023. (The USPS says it plans to break ...
The United States Postal Service announced plans to raise the price of Forever stamps and other postage for 2023. Upon approval from the Postal Regulatory Commission, USPS says the cost of first ...
Signed, Sealed, Delivered. The U.S. Postal Service is raising postage costs for the second time this year. On July 9, the price of a first-class stamp will rise to 66 cents from 63 cents.
Additionally, the overall increase in stamp prices from June 2018 to June 2023 (26%) was significantly lower than the average increase of 55% experienced by those same countries. A major factor driving the price hikes for first-class mail in the United States is a decline in mail volume. Since 2007, the number of mailed items has decreased by 68%.
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847. [20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
The Postal Service Reform Act of 2022 is a federal statute intended to address "the finances and operations of the U.S. Postal Service (USPS)", [ 1] specifically to lift budget requirements imposed on the Service by the Postal Accountability and Enhancement Act [ 2] and require it to continue six day a week delivery of mail. [ 3]
You should care, even if you don’t send mail. Chris Isidore, CNN. July 13, 2024 at 7:00 AM. On Sunday, the cost of a stamp is going up for the second time this year, jumping 5 cents for first ...
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas, and its associated states.
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