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PBI News2 articles
USPS Forever Stamp Price Hits 82 Cents; Volume Decline Pressures Mail Stocks
The USPS will increase the Forever stamp price to 82 cents on July 12, part of broader rate hikes aimed at offsetting declining mail volumes. The move raises risks for mail-exposed stocks like Pitney Bowes, UPS, and FedEx.
USPS Stamp Price Rise to 82 Cents Poses Volume Risk for Mail Stocks
USPS raises Forever stamp prices to 82 cents, up 5.1%, as First-Class Mail volume falls 6.3% and revenue declines, posing risks for mail-related stocks.