That letter will cost more to send in January
WASHINGTON — It'll cost another penny to mail a letter next year.
The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1-cent increase in the cost of first-class mail to 46 cents.
It will introduce a new global “forever” stamp, allowing customers to mail first-class letters anywhere in the world for $1.10. Prices vary depending on the international destination, with letters to Canada and Mexico costing 85 cents.
Under the law, the post office cannot raise stamp prices more than the rate of inflation, or 2.6 percent, unless it gets special permission. The post office, which expects to lose a record $15 billion this year, has asked Congress to give it new authority to raise prices by 5 cents, but lawmakers have failed to act.
The mail agency also will increase rates on its shipping services, such as priority mail, by an average of 4 percent.
Show commenting policy
TribLive commenting policy
- Pittsburgh mayor denies ethics investigation into his ‘Undercover Boss’ performance
- Pirates sign 2 to minor league deals
- Monessen woman dies in truck-car crash on Route 51 in Fayette County
- Crash closes Pittsburgh Street in Springdale
- LaBar: WWE not backing down from controversy
- Designer Bethany Mota coming to Ross Park Mall
- McCord to plead guilty to federal charges from campaign fundraising
- Sale of Deflategate chocolate football nets $20K for charity
- Police say couple in Oakland murder-suicide had ‘troubled’ relationship
- Stat dropoff, road struggles have Penguins seeking consistency
- Penguins’ Ehrhoff being tested for concussion