Friday, October 16, 2009

US Postal Service announces no increase in magazine mailing rates

This seems a day for postal news. U.S. Postmaster General John E. Potter has sent a letter to customers officially announcing there will be no rate hike for "market dominant products." Magazine publishers had been expecting a 2 to 3 percent increase in May and some had even speculated about 10 percent. "We want to end all speculation," said Potter who, on Wednesday, told a conference in New York

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