The U.S. Postal Service filed notice today with the Postal Regulatory Commission (PRC) regarding a time-limited price change to better align its costs of transportation with the market. This temporary price adjustment will provide needed flexibility for the Postal Service by helping to ensure that the actual costs of doing business are covered, as required by Congress. While this price increase is a time-limited adjustment, it will provide a necessary bridge to a permanent mechanism to reflect market conditions in prices for competitive products that can support the Postal Service’s ability to achieve the universal service obligation in a more financially sustainable manner going forward. The planned price change, which was approved by the Governors of the Postal Service on March 24, is an 8 percent increase that would affect base postage prices on the following retail and commercial domestic competitive products: Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select. No other products or services would be affected, including First-Class Stamps…The PRC will review the proposed price change before it is scheduled to take effect on April 26. Complete USPS price filings, with prices for all products, can be found on the PRC website’s Daily Listings section at prc.arkcase.com/portal/filings. Price tables are also available on the Postal Explorer website at pe.usps.com/PriceChange/Index.