Postal Service rate hike upheld
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.