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Joe Keenan
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With yesterday's decision by the Postal Regulatory Commission (PRC) to reject a postal rate hike proposed by the U.S. Postal Service, business mailers — and the trade groups that represent them — have reason to celebrate. At least for now.
The requested rate hike would have increased postal rates by nearly 10 times the rate of inflation, requiring customers to pay an additional $3 billion annually for postage, despite the current rate of inflation remaining close to zero. The PRC decision requires the USPS to continue following the current law, which limits any postage increase to the rate of inflation.
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Joe Keenan
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Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space.
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