News & Press Releases

NPPC Signs 5.4% Rate Increase Settlement Proposed by USPS

NPPC has signed the settlement agreement for this year's 5.4% across-the-board rate increase proposed by USPS. While there had been some hope that the effective date of a rate increase might be deferred some months based on USPS finacial performance this year, the extra expenses incurred in the wake of Hurricane Katrina make it imperative for USPS to receive additional funds sooner rather than latter. Assuming the settlement is agreed to, it will likely be inplemented in early to mid-January.