Category: Press

Regulation New Law Takes 0.286% Off Postal Rate Hikes The NonProfit Times Tuesday | April 12th, 2022 The United States Postal Service (USPS) filed a letter at the Postal Regulatory Commission (PRC) that the retirement rate authority should go from 1.0714% to 0.785% with the passage of legislation. So, the Postal Reform Act of 2022…

USPS Predicts Profits a Day after Announcing July 2022 Rate Hike April 7, 2022 Ina Steiner A day after announcing higher costs for mailers beginning in July, the USPS said it should be able to reach “record net profit” beginning in 2024. The Postal Service said that since March of 2021, it had taken a…

Home News National First-class letter rate to hit 60 cents in July, U.S. Postal Service says Nonprofit mailer’s group says second rate increase in a year could hurt fundraising Business_Finance U.S. Postal Service In this Aug. 18, 2020, photo, mail delivery vehicles are parked outside a post office in Boys Town, Neb. (AP Photo/Nati Harnik)…

As Biden Signs Postal Reform Into Law, USPS Announces a Huge Jump in Prices Stakeholders had hoped the legislative overhaul would help avoid another large rate hike. April 6, 2022 Postal Service The U.S. Postal Service is once again seeking to raise its rates by historically unusual amounts, announcing the increases on the same day…

Agency Oversight Biden signs USPS reform legislation into law, as agency seeks higher mail prices Jory Heckman@jheckmanWFED April 6, 2022 5:37 pm 7 min read        A long-awaited reform bill expected to save the Postal Service a total of $107 billion is now law. President Joe Biden signed the Postal Service Reform Act into law…

  Postal Updates PRC criticizes USPS for not meeting delivery standards Apr 5, 2022, 3 PM By Bill McAllister, Washington Correspondent The Postal Regulatory Commission has sharply criticized the United States Postal Service for failing to meet its own delivery standards and directed it to take corrective actions to offer better service on its primary…

Postal Updates Large USPS postal rate increases might lie ahead Mar 15, 2022, 2 PM Washington Postal Scene by Bill McAllister Fresh from securing a multimillion dollar relief package from Congress, is Postmaster General Louis DeJoy about to embark on a series of big postal rate increases? That’s what leaders of two of the largest…

Co-op 101 NRECA Asks Postal Service to Drop Rate Hikes in Light of Reform Act Relief Published March 15, 2022 Author Cathy Cash   NRECA says the U.S. Postal Service should scrap an unprecedented postage rate hike now that Congress is delivering the agency financial relief. (Photo By: wingedwolf/iStock/Getty Images) NRECA and other nonprofits are…

Nonprofit Preferred Postal Rates: Update 03.14.22 | Linda J. Rosenthal, JD Last week was a big one for bipartisan Congressional action. Two major legislative packages are awaiting the President’s signature. In both cases, there were wish lists by the nonprofit sector that our community leaders lobbied for hard with strong grassroots assistance. But each of…

  Regulation Postal Reform Close, But Prices To Rise Mark Hrywna Monday | March 14th, 2022 Postal reform legislation gained U.S. Senate approval by a wide margin last week, setting up President Joe Biden to quickly sign the measure. The Postal Service Reform Act of 2022 (H.R. 3076) passed last month by a vote of…