Postage Rates
Hi Friends,
It’s no secret that the US Postal Service has been struggling for years and has not done great job of doing its job - delivering the mail in an efficient and timely way.
Postage rates have been increasing for years, but they just announced another increase that is a much bigger jump than the usual 1 - 2 cents per increase - they are going from 51 cents to 58 cents for a standard stamp… ouch!
I am sure people wouldn’t mind paying more if the service was actually getting better, but that will likely not the be the case. Maybe time to take a look at FedEx stock again?
Of course, fewer people are using postage these days anyway, so demand is going down as well, not helping the finances of the postal service.
Thanks for coming by,
Brian
Now there are many shipping services and the price difference is very varied ..
That is very true and some are more reliable than others!
Thank you very much for your new update. Your post is always great. Thank you very much for this share.
You’re welcome - thanks for coming by!
So they are basically try to compensate for the losses of their investors?
Yes, but it is government run so the government is trying to lose less money
Postal rates are going digital. Technology is increasing every day. May be better in the coming days.
True, email and text message is replacing old mail systems.
Thank you to share this important information.your post is always very important to us.we learn a lot of things from your post.thanks once again.
Glad to hear it!