August 07, 2008

USPS $1.1B Loss Could Force Maximum Rate Hike Next Year

USPS $1.1B Loss Could Force Maximum Rate Hike Next Year - Audience Development @ FolioMag.com: "“The next rate increase will most likely be the maximum under the law,” ABM Washington Counsel David Straus tells FOLIO:. “The way the CPI [Consumer Price Index] is going, you could be looking at periodicals rates going up 5 or 6 percent for some publications—about double the 2.9 percent increase we saw in May.”
The next rate increase, according to Straus, “almost certainly” will be May 2009."

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