Postal Rate Hikes Approved, But Delayed for Periodicals
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The Governors of the U.S. Postal Service (USPS) announced this week an increase in the price of first-class stamps to 41 cents and approved the issuance of the Forever stamp as well as shape-based pricing. There will be an 11.7 percent increase for out-of-county periodicals and an 18.3 percent increase for in-county periodicals. The Governors also revealed that these changes will be effective May 14.
The postal rate increases will likely have significant impacts on magazines, but Gordon Hughes, American Business Media’s president and CEO, says the hikes were not as high as some feared.
“As
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