Magazine Publishers Oppose Postal Rate Hikes

Tuesday, 27 Jul 2010 04:21 PM

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A coalition of magazine publishers and other business groups has formally petitioned the federal government to scrap its plan to raise postal rates.

“Now the Postal Service expects customers to pay the price for its refusing to do what its customers had to do [cut spending],” the Affordable Mail Alliance said in a statement, according to FolioMag.com. “For our organizations, the Postal Service’s unwillingness to do its part will mean the loss of thousands of additional jobs, further cuts to pay and benefits. This is an issue about investing for possible future growth or paying higher taxes in the form of higher postal rates. … Punishing customers with higher prices is not the way to make the Postal Service Solvent.”

Earlier this year the Postal Service announced that it wants to increase prices for first-class mail, standard mail, periodicals, package services and special services.

If the increase is approved, the cost of a first-class stamp would rise by two cents to 46 cents. There also would be a 5.1 percent rate increase for catalogs and a 23 percent increase for standard mail.

To read the FolioMag.com story -- Go Here Now.

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