The USPS has elected to use virtually all of their pricing authority granted under the New Postal Rate Making Rules that went into effect this past January, to file a Second Postage Rate Change in 2021. This past Friday afternoon (May 28th), they filed Market Dominant Price Changes with the PRC (Postal Regulatory Commission) that will go into effect on Sunday, August 29, 2021. These rates are proposed until deemed final after the PRC has reviewed and commented which we anticipate will occur over the next month without changes. While the average increase is 6.9% across all of the changes the Postal Service has proposed, the actual rates at the mail class and presort levels vary – so it is important to look at how you’re mailing to determine what the new rates will be.
Stay tuned for more details as they are finalized. As always, your Production Solutions team is here to answer any questions you may have and work with you to find cost effective solutions for your 2021 budget.