The U.S. Postal Service announced this month that it will be implementing a rate change at the end of the summer, but only on a particular First-Class Mail® offering.
The new rate change is slated to go into effect starting August 28, 2016. The approximately 7 percent increase is limited to First-Class Mail Parcels (FCMP) weighing 1-3 ounces.
Beginning August 28, senders can expect to pay the following going forward:
First-Class Mail Parcel Retail (1-3 oz.)
- Current rate: $2.45
- New rate: $2.62
First-Class Mail Parcels containing keys or identification devices and weighing 1-3 ounces will increase from $3.27 to $3.44.
This rate change is intended to correct an anomaly created with this past January’s rate increase, which resulted in retail prices for 1-3 ounce FCMP being lower than Commercial prices for similar items. Commercial Base Prices are normally lower than retail prices.
All other USPS rates will remain unchanged.
Keep up-to-date on all the latest shipping news and rate change developments with Pitney Bowes Shipping Simplified.