Business Worries Postal Service will Broadly Raise Rates to Make More Revenue

Industries that heavily use the mail, like magazines, catalog marketers and banks, say that a sharp hike in the postage rate would drag down their bottom line.

A postal rate increase of as much as 10 percent could produce a short-term revenue burst for the struggling service, mailers say, but could be a long-term loser once companies rely less on the mail.

The U.S. Postal Service (USPS) board of governors has announced that it will hold a private meeting on Sept. 5 that will touch on a range of issues, including pricing.