Despite three years of operating on billions of dollars in net loss, the United States Post Office will be lowering its postal rates by 4.3-percent on April 10th.
"More than two years after it first went into effect, the 4.3-percent surcharge on postal rates will disappear as of April 10. Barring any congressional or court action, it would be just the third time in its history that the United States Postal Service (USPS) lowered postage rates.
"A four-page notice of a removal of the exigent surcharge was filed yesterday with the Postal Regulatory Commission (PRC), citing the specific date. The USPS estimates that it collected $4.347 billion in surcharge revenue as of Feb. 14, and at $6-million a day, projects April 9 as the day it will reach the $4.634 billion limit set by the PRC. The surcharge went into effect in January 2014."--Mark Hrywna, Nonprofit Quarterly