May 31: The New Proposed Date for 2015 Postal Rate Changes
As reported in my March 30 blog post, the postal service delayed the original April 26, 2015 date for when the new 2015 postal rates would go into effect and the United States Postal Service (USPS) was to announce the new implementation date as soon as the new prices for Standard Mail, Periodicals and Package Services were determined.
It was recently released that the USPS re-filed its price adjustment proposal with the Postal Regulatory Commission (PRC) and is now targeting May 31 as the date the new 2015 rates will take effect.
This date has fluctuated as the USPS is waiting until the PRC approves all the price adjustments, so all the new rates can go into effect on the same date, instead of some taking effect on an earlier date. As of right now, the new proposed prices for First-Class Mail, Special Services and Competitive Products have all been approved by the PRC. The PRC still needs to approve the proposed nearly two percent increase for the Standard Mail, Periodicals and Package Services classes.
Depending on what the PRC decides, there is a potential for this May 31 date to fluctuate again. There is typically a 45-day window from when the PRC approves the new rates until they actually take effect, so I anticipate a decision regarding the rates to be announced soon.
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