Postal Ser­vice rate hike up­held

Los Angeles Times - - BUSINESS BEAT -

A fed­eral ap­peals court has up­held a tem­po­rary hike in the price of send­ing mail, but says the U.S. Postal Ser­vice can’t make the in­crease per­ma­nent.

The U.S. Court of Ap­peals for the Dis­trict of Columbia Cir­cuit said the Postal Reg­u­la­tory Com­mis­sion was jus­ti­fied in 2013 when it al­lowed rates to jump 4.3% on top of the usual 1.7% in­crease for in­fla­tion.

The Postal Ser­vice said the emer­gency hike was needed to off­set losses from the re­ces­sion of 2007-09. The higher rate is ex­pected to end later this year.

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