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The Postal Rates in the United States Postal Service Might Get a Hike
The executive director of the Direct Marketing Association's Nonprofit Federation, Christopher Quinn, however is in doubt regarding its impact on the nonprofit mailers. He also claims that USPS had singled out the nonprofits.
Though it is unclear the rate of Standard Parcel for the nonprofits as well as the other categories yet it is quite clear that the USPS are planning to giving more cover to the other categories except the nonprofits.
It is expected that the average price would be increased to a rate of 5 percent and the rate of the different products and services would vary between 4 to 6 percent. As far as the periodicals are concerned, the average increases would take place only at the rate of 8 percent.
The Standard Mail letters, on the other hand, would increase at a rate of 5 percent. The cost of first class mail would increase to 46 cents from about 44 cents while the cost of the first class postcards would increase to 30 cents from about 28 cents.
It is expected that the Postal Regulatory Commission would decide the entire matter latest by October and accordingly if approved, the new prices would take its effect from 2nd January, 2011.
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By jmackay on Business News | Wednesday July 07, 2010 09:48 am
The postal rates might increase in the next year. This conclusion is arrived at when the non-profit community is trying to determine the postal rates. In fact, the Standard Mail Parcels would get a huge increase at the rate of 23 percent under the United States Postal Service.The executive director of the Direct Marketing Association's Nonprofit Federation, Christopher Quinn, however is in doubt regarding its impact on the nonprofit mailers. He also claims that USPS had singled out the nonprofits.
Though it is unclear the rate of Standard Parcel for the nonprofits as well as the other categories yet it is quite clear that the USPS are planning to giving more cover to the other categories except the nonprofits.
It is expected that the average price would be increased to a rate of 5 percent and the rate of the different products and services would vary between 4 to 6 percent. As far as the periodicals are concerned, the average increases would take place only at the rate of 8 percent.
The Standard Mail letters, on the other hand, would increase at a rate of 5 percent. The cost of first class mail would increase to 46 cents from about 44 cents while the cost of the first class postcards would increase to 30 cents from about 28 cents.
It is expected that the Postal Regulatory Commission would decide the entire matter latest by October and accordingly if approved, the new prices would take its effect from 2nd January, 2011.
ABOUT theOTCmarket.com:
TheOTCMarket.com (THEOTCM) is an investor-oriented resource centre offering relevant news and information vital to investors (individuals and firms) in the financial sector. It provides independent, unbiased and a comprehensive overview of any new development and trends in the investor and financial market. We also provide in-depth analysis, research, insights and similar resources online.
TheOTCmarket.com offers Stock Newsletter on various hot stocks of the day.
We also offer a news alert service on twitter by following our twits at http://twitter.com/theOTCmarket
We publish daily news in the form of our Market Snapshot and also provide daily Hot Stocks for its visitors. Additional attractions for investors and financial institutions are offered in the form of stock alerts, newsletters and other forms of subscribed information.
You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
THEOTCM electronically disseminates information (the “Information”) on its websites, in newsletters, featured reports, spam compliant double-opt in email communications or otherwise pertaining to Featured Stocks’ (the “Issuer” or “Issuers” or “Featured Stock” or “Featured Stocks”), the securities of which are most frequently common stock shares quoted on the Over the Counter Bulletin Board (“OTCBB”) or Pink Sheets. The Information is based on publicly available information, such as quarterly (with unaudited financial statements) and annual reports (with audited financial statements) filed with the Securities and Exchange Commission (“SEC”), quarterly and annual unaudited financial reports and Information and Disclosure Statements filed with the Pink Sheets, the Issuer’s website and information obtained through search engines such as Yahoo Finance, Market Watch, PRnewswire, StockHouse, StockWatch, OTCmarket and Business Wire. We synthesize the Information from these informational sources for our Readers as a starting point for further inquiry into the Issuer and its securities.
THEOTCM is not a registered investment advisor or registered securities broker dealer and the Information should not be construed in any manner, shape or form as investment advice, investment recommendations or opinions or viewpoints regarding the Profiled Company or its securities or as a solicitation to offer, purchase or sell the Profiled Company’s securities. THEOTCM does not endorse, independently verify or assert the truthfulness, completeness, accuracy or reliability of the Information and conducts no due diligence whatsoever of the Profiled Companies. Because the Information is presented on an “as is” basis, your use of the Information is at your own risk. THEOTCM disclaims, expressly and impliedly, all warranties of any kind, including those of merchantability and fitness for a particular purpose or whether the Information is accurate or reliable or free of errors. The Reader hereby indemnifies THEOTCM from any liability for any claimed direct, indirect, incidental, punitive, or consequential damages pertaining to the disseminated Information.
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