USPS Proposed Rate Changes - What You Need to Know
Date: Thursday, July 22, 2021
Time: 8:30 a.m. - 9: 30 a.m.
On May 28, 2021 the USPS filed notice with the PRC of price changes they would like to have take effect on August 29, 2021! Join us for a review of the scope of these proposed changes and all the latest updates on these dramatic proposed changes.
USPS Alert: As part of “Delivering for America,” its 10-year plan to achieve financial sustainability and service excellence, the United States Postal Service filed notice on May 28, 2021 with the Postal Regulatory Commission (PRC) requesting price changes to take effect Aug. 29, 2021 that are in accordance with approvals provided by the PRC last year. The proposed price changes would raise overall Market Dominant product and service prices by approximately 6.9 percent. First-Class Mail prices would increase by 6.8 percent to offset declining revenue due to First-Class Mail volume declines. In the past 10 years, mail volume has declined by 46 billion pieces, or 28 percent, and is continuing to decline. Over the same period, First-Class Mail volume has dropped 32 percent, and single piece First-Class Mail volume — including letters bearing postage stamps — has declined 47 percent.
Managing Director, Mailers Hub
Leo Raymond is Managing Director of Mailers Hub and a five-decade veteran of the postal and mailing community.
In March 2003, upon his retirement from a career with the US Postal Service that spanned over 35 years, Leo joined what was then MFSA.
Over the following thirteen years, he served as VP for Postal and Member Relations for MFSA and its successor associations, and lastly served as Director, Postal and Member Engagement, for Idealliance.
In those positions, he supported the associations’ members nationwide regarding general postal questions, mailing problems, and related government issues, as well as the associations’ chapter- and conference-based educational programs.
As the focus of the existing trade groups changed, he founded Mailers Hub in 2016 to be the only national organization focused exclusively on commercial mail producers, providing mailers and printers with information, training, and support on postal, mailing, and related business issues.
Leo holds a Bachelor’s degree in History from North Adams State College and has studied at the Darden Graduate School of the University of Virginia. Though a New England native, he and his family now live in Northern Virginia.