A decision on the Exigent Price Proposal (above the CPI cap), filed with the Postal Regulatory Commission (PRC) on September 26th, 2013 is expected soon, just in time for the holidays. If approved, the rates are expected to take effect on January 26th.
The Exigent price proposal, if approved, could push prices up another 4.3% across the board. Take a look at the chart to the right. The new price of a stamped First-Class® letter is already approved at $0.47. If the Exigent proposal is approved, the price could increase to $0.49. The Exigent proposal only affects Market Dominant Products (First-Class Mail®, Standard Mail®, Periodicals, Special Services, and Package Services). A decision by next week would allow the industry at least a 30-day implementation period.
For more on the APPROVED CPI rate case for Market Dominant Products, click here: http://blogs.pb.com/usps-news/2013/11/25/market-dominant-prices-approved/
To learn more about what prices could be if the Exigent proposal is approved, go here: http://www.pb.com/Postal-Information/Postal-Rate-Basics/index.shtml
To view the latest Pitney Bowes 2014 USPS Price and Regulatory Changes Webinar, go here: http://www.youtube.com/watch?v=jCHuEcU6Z90.
If you are a small business mailer and missed our Small Business webinar on the 2014 USPS prices and regulatory changes, click here to view and listen to the presentation. You may also download slides for later reference. Go here : http://www.slideshare.net/pitneybowes/2014-ratechangewebinarforsmallbusiness12112013