The much-maligned (I, II) USPS announces that it will raise the price of first-class postage 2.2% to $0.45 beginning Jan. 22. The rate increase will only make small inroads into the agency's staggering ~$8B budget deficit. The next phase for mail: A number of startups such as Zumbox, Doxo, and Manilla aim to take off as online mail alternatives, while Pitney Bowes (PBI) and Stamps.com (STMP) also stand well-positioned to jump into the breach with their services.
The much-maligned (I, II) USPS announces that it will raise the price of first-class postage...
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