Postal Industry News

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Historic USPS® Price Reduction Set for April 10

March 7, 2016 — The U.S. Postal Service® (USPS®) is set to reduce First-Class Mail® prices by 4.3 percent on Sunday, April 10, 2016. The reduction comes with the expiration of legislation that imposed an exigent surcharge for mailing products and services for two years to help the USPS manage financial challenges.

Refer to our Rate Change Information section to see how these changes will effect you.

Postage Statement Changes

March 7, 2016 — The following changes to postage statements are effective April 10, 2016:

  •          Standard Mail (PS Form 3602-EZ, 3602-N, 3602-NZ and 3602-R) – updates to all price cells
  •          First-Class Mail (PS Form 3600-EZ) – updates to postcard price cells
  •          Periodicals (PS Form 3541) – updates to all price cells 
  •          International (PS Form 3700) – updates to price cells in Part A only.
 

Changes for the April 2016 release only affect price cells for Market Dominant products and services. Mailers are strongly encouraged to use the new postage statements to ensure accurate billing and postage payment. Mailers needing additional time to convert to the new statements beyond an initial 30 day period should contact the PCSC for an extension.

All mailers who use hard copy postage statements should convert to the 2016 versions no later than July 17, 2016.

Electronic Funds Transfer (COD/EFT) Gets New Spot on COD Label

February 29, 2016 — Heads up, Collect on Delivery (COD) mailers: the Postal Service has updated the COD label (PS Form 3816), moving the COD/EFT selection box into its own space within the payment amount and remittance sections.

Not only does the COD/EFT option provide remittances arriving in mailers’ bank accounts within two business days, but it is also more secure.
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Postal Service Exigent Surcharge Pricing to End on April 10

February 25, 2016 — Absent Congressional or court action to extend or make permanent an existing exigent surcharge for mailing products and services – including the Forever stamp - the Postal Service will be required to reduce certain prices on Sunday, April 10, 2016. This mandatory action will worsen the Postal Service’s financial condition by reducing revenue and increasing its net losses by approximately $2 billion per year.
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