That letter will cost more to send in January
By The Associated Press
Published: Thursday, October 11, 2012, 7:18 p.m.
Updated: Thursday, October 11, 2012
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.
- Steelers might be looking at a youth movement in 2013
- Sales might speed bidders’ pulses
- Obama’s empty ‘justice’
- The Incredible Inman: Louis Gossett Jr. was threatening force in ’84 movie ‘The Guardian’
- Mon-Vale Health Resources celebrates 25th Gala
- Shooting blanks
- Dawson council, VFD members to meet
- Mama Mio Clean Slate
- ‘Warehouse 13’ star wrestled with his demons
- Ladies Hospital Aid Society toasts outgoing president
- Photographer, bank vice president amont Circle Award winners
You must be signed in to add comments
To comment, click the Sign in or sign up at the very top of this page.
Subscribe today! Click here for our subscription offers.