There is good news to share that the U.S. Postal Service (USPS) announced that there will not be a price increase in January 2025 for Market Dominant products, which includes Periodicals, Marketing Mail, First-Class Mail, and Package Services. In the September 20, 2024, announcement, Postmaster General Louis DeJoy highlighted that the USPS operational strategies are improving service reliability and efficiency, with projected inflation on the decline. As a result, DeJoy said the USPS will wait until at least July 2025 before proposing any further increases.
PRINTING United Alliance and other stakeholders have repeatedly raised concerns about alarming rate increases and poor service delivery. Members of Congress have questioned DeJoy’s leadership and the Delivering for America 10-year plan, intended to modernize and transform the Postal Service. DeJoy has previously said that the USPS aims to recover $2 billion in revenue by raising prices on mail products to offset 15 years of what he called a “defective pricing model.” In total, the USPS seeks to cut $5 billion in operating expenses by the end of 2025.
The Alliance welcomed the good news and the cost certainty it will provide for its members. As a member of Keep US Posted and the Coalition for a 21st Century Postal Service (C21), the Alliance advocates for an affordable, reliable, and effective Postal Service.
A statement from C21 reads, “We applaud the USPS for their commitment to forego a stamp price increase in January 2025. This demonstrates a clear understanding of the needs of consumers and businesses alike. By listening to their customers and making this important announcement in advance, the USPS is taking a positive step toward ensuring a reliable, affordable postal system for everyone.”
As a key delivery channel for the printing industry, the Alliance will continue to support policy that protects USPS mail delivery for businesses and communities. The Government Affairs team, along with its coalition partners, will closely monitor and report on developments as they unfold in 2025.
In this article, Stephanie Buka, Government Affairs Coordinator, PRINTING United Alliance, discusses the USPS announcing no rate hike in January 2025. More information can be found at Business Excellence-Legislation or reach out to Steph should you have additional questions specific to how these issues may affect your business: sbuka@printing.org.
To become a member of the Alliance and learn more about how our subject matter experts can assist your company with services and resources such as those mentioned in this article, please contact the Alliance membership team: 888-385-3588 / membership@printing.org.