Postmaster general: USPS will run out of money in 12 months
Postmaster general: USPS will run out of money in 12 months
“Compare it to France at almost $3 and England at $2.50, and the longest distance those letters have to travel is about 600 miles smaller than the state of Texas,” he told lawmakers.
“We deliver from the tip of Puerto Rico to the tip of Alaska for 78 cents. That’s a distance of 5,000 miles.”
He said if the USPS increased first class stamp costs to 95 cents, it “would largely solve our controllable loss” while still remaining the lowest-priced stamp in the industrialized world.
I believe that the USPS could charge more for junk mailers. They use the system every day. Make them pay more first.
Unfortunately there is no bulk mail rate. Third class mail is lower cost because it is either: presorted (so it should ostensibly save the postal service on the labor to sort it), discounted for non-profit companies, or is “Every Door Direct Mail” (EDDM) which requires no sorting because it isn’t addressed. EDDM is also often if not usually sent straight to a post office via a third party so it never goes to a sorting plant. Third class mail also doesn’t receive the return service which all first class mail does.
The rate on it should be increased, but they do receive a lower level of service and sometimes save the postal service on the labor to deliver it.